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Technology Stocks : Intel Corporation (INTC)
INTC 48.23+2.3%3:59 PM EST
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To: Robert G. Bianchi who wrote (6110)12/8/1996 8:52:00 PM
From: Bernard Newman   of 186894
 
Exercising stock options counts as earned (ordinary) income. Once the options are exercised, owning the stock is taxed just like the way that you and I are taxed on stocks...at ordinary income tates if kept for under 365 days, at not more than 28% if kept over a year.

*BERNIE*
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