Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: JMD who wrote (9658)	4/3/1998 10:18:00 PM
From: dougjn	Read Replies (2) of 152472

My understanding is that tax qualified accounts (IRA, Keogh) cannot borrow money (margin), but are not absolutely prevented from options activity. However, I suspect that many qualified account trustees will take a dim view. I.e., supposed to be investment accounts, not supposed to be speculative, and I think that is in the enabling legislation somewhere. It can however be interpreted differently, and I've never heard of any broker getting hauled up for allowing option trading. I have also head of more and more allowing. No doubt the one as a result of the other. Doug

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