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Technology Stocks : Lucent Technologies (LU)
LU 2.745-2.8%Nov 12 3:59 PM EST
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To: Diamond Jim who wrote (8611)7/15/1999 8:39:00 AM
From: Wolverine  Read Replies (1) of 21876
 
Good point Diamond. I sold some LU July 70 calls and expect them to be exercised next Monday. Fortunately, the shares are in my IRA account so I don't have to be concerned with income tax. However, if your shares are not in a tax sheltered account, you will have to pay 20% of you gain in income taxes versus letting LU appreciated tax free until you ultimately sell.
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