Novell & Sun Microsystems - Takeover?? Do you have info? Message Board

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Technology Stocks : Novell & Sun Microsystems - Takeover?? Do you have info?

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To: vinod Khurana who wrote (31)	5/18/1996 12:01:00 PM
From: Jay Parker	of 84

Vinod, even with your additional post I still don't understand your previous post about converting options. >> It is not surprising that insiders at NOVL or any company sold >> their stock options in the month of March. >> The reason most cited is tax purposes. The taxes for excercising these options won't be reported until next year. If they are just trying to generate money to pay this years taxes, then why not only convert 4000 share to sell. Why convert and hold the other shares? Are you saying that they are excercising the options now so that when they sell the stock in the future that they can declare future gains as CAPITAL gains instead of ORDINARY income?

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