Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: DM who wrote (1215)	1/17/2000 2:01:00 PM
From: AmericanVoter	Read Replies (2) \| Respond to of 8096

if I want to keep PALM and not COMS, I can buy COMS now, get the dividend PALM shares, sell COMS at a loss (nice tax deduction) and keep PALM long term... assuming that I do not mind keeping COMS for 6 or 7 months, the only question is, will the drop in COMS be <, =, or > than the cost to buy PALM in the open market taking into account the loss on selling COMS for tax reasons... meaning, if I lose 20K selling COMS after I receive 1000 PALM shares, and if I take into account the tax benefits, and assume that I am in the 36% tax bracket... then my actual cost for the 1000 PALM shares is only $12,800... and if I have more gains than losses (I surely would hope so), then I've offset a good chunk of gains, and got to get PALM... I also assumed that it will be a 1:1 dividend... ok then, I don't think COMS will drop 20 points... after distributing PALM... does anyone think otherwise...? oh, why am I telling you all all this...? I must like you people... best regards amein