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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.39-1.0%10:22 AM EST

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To: PAL who wrote (51144)11/19/1999 8:36:00 PM
From: Uncle Frank  Read Replies (1) of 152472
 
>> All shorts (equity or option) are never considered LTCG regardless how long the time frame.

Once again, please, for us tax planning impaired investors:

Are you saying that the income derivce from writing covered leaps calls can never qualify for long term capital gains treatment, even if held for more that 12 months before the buyer exercises them?

uf
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