Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.81

0.0%

Dec 26 9:30 AM EST

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To: engineer who wrote (55243)	12/20/1999 4:52:00 PM
From: DWB	Read Replies (1) of 152472

Engineer, as always, the devil is in the details. The stock I ended up selling had a loss over the time that I held it, and had much less attractive prospects than Q going forward so: 1) I get to write off the money as a charitable contribution, 2) I get to write off the tax loss due to the difference in price from bought to sold, 3) I get to rid my portfolio of a less attractive stock, and 4) I get to keep my QCOM and reap the benefits of it's future appreciation to a greater degree. I expect the future appreciation in my Q shares that I didn't sell will more than make up for the future tax "liability". I'm not sure I understand what you meant about losing the tax deduction on the "extra money" I would have donated, since I'm donating the same amount in either case... DWB Q10K/Y2K+5

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