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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: NHP who wrote (6581)8/3/1999 2:39:00 PM
From: Binx Bolling  Read Replies (1) | Respond to of 60323
 
Nelson and Craig, Do you recall at what price the Sandisk employee options were repriced after last falls stock price plummet? Was it around $8.00?



To: NHP who wrote (6581)8/3/1999 3:28:00 PM
From: Craig Freeman  Read Replies (2) | Respond to of 60323
 
NHP, unless you intend to die soon, you aren't saving any taxes by holding onto SNDK. You are saving the interest on those taxes. In the meantime, SNDK is down a very real $10 from its $80 high.

You might want to consider giving some shares to a qualified charity. In that way you'll get a write-off against ordinary income instead of paying taxes on a long-term gain. If you were going to give money anyway, appreciated shares are much better than cash. And yes, for a very small fee, your broker can get you a stock certificate for less than 100 shares.

Craig

Disclaimer: This advice is offered without warranty or guarantees of any kind. I am not licensed as an accountant or attorney in any state. Please check with your tax professional!