Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.94

+0.2%

12:26 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jill who wrote (48392)	11/8/1999 12:18:00 AM
From: Neal davidson	Read Replies (1) of 152472

Jill: Congrats on your gains with the 2000 Leaps. I also hold 2000 LEAPS (in fact, I have 2000 LEAPS in WCOM and INTC also; I love the leverage of LEAPS). Since you bought the LEAPS last spring, even if you sell them in January, just before expiration, you still will have to pay short term capital gains tax, which could cost you 40%+ of your gains. Are you contemplating exercising your options? Or are you simply going to sell the calls and absorb the huge tax hit? Neal (sharing your QCOM pleasure and your potential tax pain.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next