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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 165.35+1.2%10:20 AM EST
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To: quidditch who wrote (11701)6/6/2000 8:04:00 PM
From: JohnG  Read Replies (1) of 13582
 
Stock options exercised in May 2000
1) Marc Stern 480,000 sh $2.78
2) Rich Sculpizio 96,000 sh $3.38
3) Steve Altman 72,000 sh 3.38

As I understand it you pay ordinary income tax rates on the difference i n the exercise price and the market price. Soo, it whoud be nice to exercise when the market prise is down to minimize gains taxed as ordinary income and then have the stock appreciate nicely over the next 12 months, resulting in that appreciation being taxed at 20% max
JohnG
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