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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: cnyndwllr who wrote (82427)12/22/2000 7:08:34 AM
From: jim_p  Read Replies (2) of 95453
 
I don't know anyone stupid enough to exercise a stock option and not sell the stock to cover the taxes. I doubt if there are very many people who fall in this category of having to pay ordinary and AMT tax on unsold and exercised stock options. Why pay cash to exercise the stock option and incur the tax liability and not sell at least enough stock to cover the taxes? To much risk just to get LTCG.

Jim
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