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To: RoseCampion who wrote (34033)7/5/1999 9:39:00 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
LXWAR's--If I had $1MM appreciation in these, I'd 1) call the stock which is not a taxable event, 2)hold the stock 12 mo so any profit on its sale received cap gains treatment, 3) probably hold the stock at least 2 more years so I would have maybe $4MM to $6mm, 4) satisfy any uncontrollable spending urges by borrowing on margin against the stock.

JohnG