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


To: Neal davidson who wrote (48416)11/8/1999 8:04:00 AM
From: Jill  Respond to of 152472
 
Actually I bought the leaps this fall, so you are probably doing even better. Congratulations. I know that is a real drag. I tried to move some money into my KEOGH via Fidelity before earnings on Tuesday, when I bought April 250 calls, but Fidelity screwed up and didn't get the $ in fast enough in spite of their promise. So I had to buy in my brokerage account and will have to pay on those too whenever the time comes.

I think the only thing to do is exercise some & take profits on some. I think that's pretty cool. I think they're meetng on Dec 20 to authorize shares? If everything could happen swiftly enough (who knows) you might possibly have 4 Jan 50s for every 1 Jan 200 you bought. After a split (if earnings were great again) you'd probably have another insane runup--I'm hoping they time them together. It's just psychology but more people will buy in. So you could go to town taking profits on some to exercise the others, getting stock for free, and this stock will be worth a lot down the road!

But maybe it's worthwhile asking the question over on the tax thread:

Subject 17266

Let me know what they say!