SI
SI
discoversearch

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


To: freeus who wrote (78034)7/28/2000 4:13:33 PM
From: waverider  Read Replies (3) | Respond to of 152472
 
freeus...FORGET THE TAX THING!

Remember this tax issue blinded us during QCOM's drop. Do you really want to hold another stock that could take a 50% haircut to save 10% in taxes? I don't.

Even if you are talking about hanging around for the long term capital gains rate...
Forget that too.

California is still 9.8% no matter the term.
Fed would then be 20%...which is proably 10-12% less than your income tax level...not significant in my books.

This was a hard lesson to learn for me, making fun of Mike all the way down. Best to remember and profit from our errors in judgement.

Rick



To: freeus who wrote (78034)7/28/2000 8:25:01 PM
From: deth8  Read Replies (1) | Respond to of 152472
 
I have ridden a small fortune rocket nearly back to the ground hanging around for the long term capitol gains. Determined to not do that again...... Recently sold my JDSU with considerable gains and then...oops....S&P500, and bang came the jump. However, I consider myself fortunate not to ride this one down this year as they seem to be looking to follow our beloved Q's track. Best of luck to you if you decide to wait on the taxes....but it killed me; so no more of that here.

-dEth8