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To: bacchus_ii who wrote (172635)1/29/2003 10:22:27 PM
From: brushwud  Respond to of 186894
 
Would be very unwise not to sell immediately with the "ATM" IRS rule that force him to calculate profit at exercise time, not at selling time.

Now that you mention it, if he sells in the same year as he exercises, there's no difference between ordinary income tax basis and AMT basis. So he still has 11 months.


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