Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 233.63

-3.0%

Nov 6 3:59 PM EST

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To: Robert O who wrote (33814)	1/16/2000 4:33:00 PM
From: Harry Sharp	Read Replies (3) of 70976

No, actually there is only one discussion, here is the opening point of contention: >> I bought 10 NVLS Jan 50 calls last June. ~I decided to exercise it and at least hold the stock until June to get capital gains rates. << Message 12584457 Mr. Tippett, Stromberg and Rasp believe that the option holding period is added to the stock holding period for purposes of determining LT gains. Mr. Rasp gave an example of a wash transaction that he believed supported the position that the two were essentially the same and thus the combined holding period. Your results may vary.

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