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Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST

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To: Pravin Kamdar who wrote (30692)12/20/1998 9:55:00 PM
From: Craig Freeman  Read Replies (1) of 33344
 
Pravin, if you can use a tax deduction, buy some Feb NSM 15 calls and sell an equivalent number of NSM shares. You can deduct the loss plus up to $3,000 against ordinary income. You can always reverse the transaction in 31 days. Nothing much will change except your broker will be happy and you will get a tax refund.

Caveat: Be sure to check with your tax professional before acting on this or any other advice.

Craig
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