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

To: SKIP PAUL who wrote (76216)7/11/2000 2:26:47 PM
From: luther yow  Respond to of 152472
 
CNBC finally made a statement that QCOM receives income from any form of CDMA.
About time they came clean. Stock should rise now.

Luther



To: SKIP PAUL who wrote (76216)7/11/2000 2:35:14 PM
From: dustcatcher  Read Replies (1) | Respond to of 152472
 
S.P.:

The rules do not prohibit withdrawing stock but one must pay the income tax on the value of that stock--as income, not capital gains. What I plan to do is wait until close to the end of the year, withdraw cash, put half of it in my double tax-exempt money market fund and use the remainder to buy stock in my non-SEP/IRA account. The stock I buy may well be Q* but I have made no decision yet.

---Jack---


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