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


To: waverider who wrote (117900)5/2/2002 10:38:30 AM
From: Johnnie Memmonic  Read Replies (3) | Respond to of 152472
 
Ques:

I am currently have some QCOM position from the single digit time. Can I simply short against the box & cover when I needed to instead of selling straight out in order to defer the long term capital gain tax? Off course, if the stock goes up I don't get the appreciation. If it continue to goes down I get short term gain. Anybody care to explain?

Thanks