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.

Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Danny who wrote (40521)	3/1/2000 2:52:00 PM
From: Roy Glen	Read Replies (1) \| Respond to of 45548

Thanks Danny. Fortunately, I have a third of my COMS in a sep/ira, so I will sell that on Thursday or Friday. I plan to keep the rest for years to come. Good luck. Roy

To: Danny who wrote (40521)	3/1/2000 3:20:00 PM
From: zepper	Read Replies (1) \| Respond to of 45548

danny,that's a great point on the palm distribution,ie., moving from a short to a long term gain. i am having difficulty following the put strategy. let's assume i own 500 shares of coms, to work the %ages out that you use in your example,what puts would i be buying? also, how do you feel about buying covered calls at say, july 115? and if your calls were assigned before the 12 months (short to long cap gain) i presume i would have a short term gain to pay etc., however, if they were assigned and i bought back into coms before d-day, wouldn't the short vs. long term cap gain apply all over again as the gain relates to the palms shares and subsequently selling after a 12 month hold. and lastly, the key question here for all of us is the worthiness of coms and palms as long term holds vs. selling now and realizing a tremendous gains that would have significant tax consequences. zepper