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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Holtzman who wrote (4852)	1/20/2000 4:54:00 PM
From: Jean M. Gauthier	Read Replies (4) \| Respond to of 24042

Thanks Bill, appreciate the advice... I have a problem though.. They are in a non-registered account or a taxablr one, (not an ira) and I live in socialist paradise, Canada Taxes on my capital gains would be... 75% of the total gain = .75% X 40,000 USD = $ 30,000 USD Taxable X 1.45 (Exchange Rate) = 44,000 Canadian dollars... Taxes on 44,000 would be... are you ready.... 50% (at my income) I would have about 16,000 or so USD left... Is it still a good idea... ?? IF I exercise in June, I will lose the time premium... 10K ? BUT , when I exercise, I get 400 shares at 120 USD, and the cost of the option(s), 10K is ADDED to my 48,000 USD purchase... No tax event is created, only if I SELL JDS in the future, and I will not, not for some years anyhow ? Any ideas people, Am I readin this right ? Take care Jean