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

To: EepOpp who wrote (49173)	11/11/1999 4:06:00 PM
From: T L Comiskey	Read Replies (3) \| Respond to of 152472

345 ... 8, 971,000.......!!!!!!!....Time for a tall one...

To: EepOpp who wrote (49173)	11/11/1999 4:25:00 PM
From: Glen2	Read Replies (2) \| Respond to of 152472

>>Are you selling the whole kit and caboodle?<< Pardon me for butting in here. But, I had the opportunity to listen to Joe Battipaglia, (Gruntal) speak about 10 days ago. He was asked the same question. He reminded everyone that conventional wisdom from financial planners is to take the whole kit and caboodle and invest it very, very conservatively, (bonds, etc.). His recommendation, however, was to stay invested just like you've always done. At the beginning of each year, pull out enough to live on for that year. Allow the majority of the portfolio to grow as it has in recent years. Take advantage of the bull market. If done right, one would be able to live financially forever. This would preclude having regrets about selling any of those Q-shares to cheaply. Good trading, Glen

To: EepOpp who wrote (49173)	11/11/1999 5:39:00 PM
From: The Reaper	Read Replies (4) \| Respond to of 152472

eep- Let's say someone has a bunch of Jan calls purchased a while ago, theoretically of course. Let's say someone is getting a little giddy/nervous about this position since it amounts to more money in one place than ever before by a wide margin. If someone was to sell some Jan. calls at a much higher strike price to protect some of the profits, thus creating a spread without incurring a tax liability for this year, would the option positions have to be marked to market on Dec. 31 for income tax reasons. The reason I ask is that I remember somewhere that commodity contracts are marked to market when there are spreads involved. Does this apply to stock options also? Anybody? kirby