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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Terry Whitman who wrote (3953)3/23/2001 2:22:38 PM
From: Paul Shread  Read Replies (1) of 52237
 
Just occurred to me - I read an article in the Washington Post recently on people who had exercised stock options but had not sold the stock, hoping to get long-term capital gains. One guy owed $300,000 in taxes for exercising the options - and the stock was under water. Probably not a lot of that, but that would be a real confidence-killer if there were more of it.
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