Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.67

+1.6%

3:59 PM EST

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To: freeus who wrote (78034)	7/28/2000 4:13:33 PM
From: waverider	Read Replies (3) of 152472

freeus...FORGET THE TAX THING! Remember this tax issue blinded us during QCOM's drop. Do you really want to hold another stock that could take a 50% haircut to save 10% in taxes? I don't. Even if you are talking about hanging around for the long term capital gains rate... Forget that too. California is still 9.8% no matter the term. Fed would then be 20%...which is proably 10-12% less than your income tax level...not significant in my books. This was a hard lesson to learn for me, making fun of Mike all the way down. Best to remember and profit from our errors in judgement. Rick

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