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Non-Tech : Any info about Iomega (IOM)?
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To: Young D.T. Nguyen who wrote (1262)4/28/1996 7:12:00 PM
From: walter weinstein   of 58324
 
please advice: I own 10 call iqgee- 10 calls may 25 of iomg
now they are worth approx. $ 24,000 .... I want to exercize and
conver them to 1000 shares of IOMG and hold these for more than a year
== whats the best way to do this 1000 shares conversion from 10 calls-
as far as 2:1 split on 5/6 (should i do it bere 5/6 2:1 split)
and as far as short term gain taxes is the best way to avoid
taxes is to do " simple" exercize/call in on my 10 calls via my
broker.. or can I still wait past 5/6 2:1 deadline
and still get my 1000 shares into 2000 shares without tax consequences
as long as I do this before may expiration deadline... thanks
in advance vovka@ix.netcom.com
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