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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: RoseCampion who wrote (35271)	7/16/1999 12:58:00 PM
From: JohnG	Read Replies (1) \| Respond to of 152472

Rose--Looks like that 4.6MM shares didn't damage your July's very much. This stock never has a dull moment does it? JohnG

To: RoseCampion who wrote (35271)	7/16/1999 1:06:00 PM
From: engineer	Read Replies (2) \| Respond to of 152472

Much better to let the excercise, which will take until Wed to require funds and then you get a margin call which takes at least a 4 day notice. At the end of the 4 days, let the broker sell whatever they need to satisfy the calls and you will end up with at least some of your stock. Remember the margin call is not calculated on 50%, but rather on the holding margin value, like 40% or 35%, so you will get to keep about 70% of the original even if your stock dips 20%. A good way to buy a few more shares and not pay the tax bill until later. You can also do a sell "as of" date, in which you designate to sell old shares which have a long term capital gain versus new shares which have a huge short term capital gain tax.