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

To: freeus who wrote (72849)	5/30/2000 4:07:00 PM
From: jmanvegas	Respond to of 152472

freeus: Thank you.

To: freeus who wrote (72849)	5/30/2000 4:19:00 PM
From: waverider	Read Replies (1) \| Respond to of 152472

Dunno about that, but I've been bullish since '96...here's an email from Q: An email from Q's Ir to a shareholder follows: Subj: Re: (no subject) Date: 5/30/00 2:46:01 PM Eastern Daylight Time From: juliec@qualcomm.com (Julie Cunningham) To: MurfHaw@aol.com Dear Shareholder: On Friday, we issued a statement from Dr. Jacobs regarding the opportunity in China made possible by the positive vote on permanent normal trading status in the U.S House of Representatives last week. You can view that announcement on our web site at www.qualcomm.com. The news articles that make various statements about China Unicom's plans are speculative in nature and most often discuss the China Unicom initial public offering, which involves a subsidiary of China Unicom. Our agreement is with the parent company. China Unicom currently has a GSM network and they also have 5 Megahertz of spectrum dedicated to CDMA. They are saying that they will commence trials of CDMA, but beyond that have not discussed specific deployment plans or plans for 3G. We continue to believe that the world is going CDMA and that there will be CDMA deployments in China in the near future under our existing framework agreement. Sincerely Yours, Julie Cunningham Sr. Vice President, Investor Relations QUALCOMM Incorporated

To: freeus who wrote (72849)	5/30/2000 6:42:00 PM
From: waverider	Read Replies (3) \| Respond to of 152472

QCOM OPTIONS:TAXES/EXERCISE Update: No I am not talking about jumping jacks, although we all should be a little slap happy today... Anyway, about those option questions I had. I have contacted a lot of people and dug as deep as I can and here is the scoop (talked to my accountant, other traders, IRS, read pubs, etc.). NO WHERE is there a definitive explanation of the wash rule in terms of options. The IRS doesn't even have a clue. So the general perspective is this: When you sell an option on a stock for a loss, then rebuy within the 30 wash period an option on the same stock BUT at a different strike...then it is a different security and does not fall under the wash rules. A stronger case could be made if you buy an other option with a different expiration date as well. If the IRS wants to fight you on it, then that's what they will have to do because there are no clear rules on the issue. Thanks to all of you who sent me notes on the matter. About the prob I had with Fidelity regarding their refusal to exercise my $10 QCOM LEAPs. Well, I am going to have to wait because I don't have the money now to exercise...took advantage of the recent Q slump and used it all up darn it. But when December comes, I plan on exercising, so stay tuned. Rick