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Technology Stocks : Zitel-ZITL What's Happening

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To: Nagaraju R. Arakotaram who wrote ()9/23/1999 1:20:00 PM
From: Michael  Read Replies (1) of 18263
 
My Zitel friends.

Another reason for not covering, and therefore delay paying taxes, is to
obtain what amounts to an interest free loan.

An example if one would pay $10,000 in taxes from short gains.
By not covering and buying QCOM (like me)then you more
than double your money on what would be your tax bill.
Now you $20,000+ in QCOM and a unrealized tax debt of $10,000.
You have made $10,000+, on what is the IRS's money, and of course
the mighty Q is going higher. Your gains are increasing.

sure is a nice Q day
Michael
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