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Non-Tech : The Critical Investing Workshop

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To: Dealer who wrote (20053)	5/24/2000 6:47:00 PM
From: drenko	of 35685

Question for anyone that knows??? I have been looking at the tax part of CC's. This my take on it. Say I buy ZZZZ @ 35 a share. It seems smart tax wise to sell a 30 call and get called on it for tax reasons. You make the great premium which is taxed as reg income and take a loss on the stock for a write off. Or at least write a 35 dollar call and break even and make a great premium. Any thoughts on a better way or some tax things I do not know???? Just trying to limit the tax problem of sort term gains...... Thanks, -drenko

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