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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.07+2.6%Dec 3 3:59 PM EST

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To: Steve Lamont who wrote (49907)11/14/1999 9:46:00 PM
From: Brian K Crawford  Read Replies (1) of 152472
 
i was under the impression that margin interest was only deductable as an offset to interest earned..

Steve,

Margin interest is deductible to the extent of investment income. Investment income includes portfolio interest, dividends, and taxable capital gains.

Brian
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