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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Loeb who wrote (48033)2/18/1998 11:51:00 AM
From: Tony Viola  Respond to of 186894
 
Larry and all, here come the upgrades (from Bloomberg news service, upgrade by Pru.). Scroll down to Intel:

bloomberg.com

Tony

p.s. I think Mosesmann has been reading this thread. No, if he had he would have upgraded before this.



To: Larry Loeb who wrote (48033)2/18/1998 11:57:00 AM
From: Joey Smith  Read Replies (1) | Respond to of 186894
 
To ALL: Tax Consequences of INTCW

I just want to double-check with this thread.

1). If one converts intcw to stock, there is no tax consequence
(until one sells the converted stock).

2). If one sells intcw, then the tax consequence is the same as selling any other security.

3). I plan on converting some of my intcw using margin. Again, there should be no tax consequence until I sell the converted stock. This is the 1st time I have used margin. Is the interest paid on the margin fully tax-deductible?

4). I also have intcw in my IRA. There should be no difference if I sell all the intcw and buy back the stock immediately, versus selling half of the intcw and converting the other half of intcw, since taxes in IRAs will not be paid until the future. Is this correct?

Any thoughts, comments, corrections would be appreciated.

Thanks,
joey