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

To: Bruno Cipolla who wrote (6617)	8/14/1999 2:52:00 PM
From: NHP	Read Replies (1) \| Respond to of 60323

Bruno, You're not alone in having sold part of your holdings of SNDK. I just stumbled upon this: "Mr. Lingjaerde led fourteen direct technology investments that have led so far to seven successful exits, including ....................SanDisk Corporation (SNDK) in the US." ref: visioncap.com I wonder how Mr. Lingjaerde defines "successful exits"! The main reason I haven't sold any SNDK is because I haven't come to grips with the Federal and State taxes on the gains. My average acquisition price recently increased from $10/shr to $14/shr when I exercised my 25 Jul calls. Using $14 as the basis for acquisition and subtracting out the taxes, I calculate that my SNDK shares, currently traded at $88/shr, are actually worth $67/shr to me. How does Italy tax capital gains? NHP [$88 bid]