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

To: RocketMan who wrote (55305)	12/20/1999 10:31:00 PM
From: Farfel	Respond to of 152472

RocketMan---only advantage to common----taxes----namely, common stock doesn't pay tax until sold----Leaps must be "rolled over"-------if you really believe in a stock, like Q----you might consider 2002 Leaps to stretch out the tax consequences. You have asked the right question? Why buy common instead of Leaps?------to me, it doesn't make sense----but most people don't understand options, fear them, and think them much more complex than they really are-----------common stocks, like Leaps are a "bet"------you essentially are betting that the stock is going "UP" not DOWN (unless you buy puts)----------and that bet will be born out within a year, don't you think??? I do. If it doesn't work right in a year----I don't want to wait any longer. Farf