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

To: Joey Smith who wrote (48046)	2/18/1998 2:39:00 PM
From: VinWood	Read Replies (1) \| Respond to of 186894

Re:"You make me laugh. Sanders is nothing but a 2-bit saleman. He should take a Strategy 101 class, because he knows nothing about it. Going up directly against Intel is no way to make money. As for being an astute salesman, yup, his record speaks for itslef. When's the last time AMD made any money??" Jerry Sanders was indeed a salesman before he left Fairchild to start AMD. He has made a few million and also provided thousands of jobs in Silicon Valley over the last thirty years. Plus he knows how to use a spellchecker. How does that compare with someone who does not understand that any transaction done within an IRA is a non-taxable event?

To: Joey Smith who wrote (48046)	2/18/1998 2:42:00 PM
From: miraje	Respond to of 186894

Joey, There is one tax ramification you should be aware of in regards to converting the warrants. You are correct that conversion does not create a realized capital gain/loss, however, the conversion resets your long term/short term basis to the date of conversion. If you plan on holding your converted shares for longer than 18 months, no problem. If your INTCW is currently long term and you convert and sell the commons within an 18 month time frame, you could get hit with a much higher tax bite outside an IRA. Under the latter scenario, selling your INTCW and buying the commons could make more sense taxwise. Hope this helps. Regards, JB PS: Anyone promoting a flat tax or national sales tax to get rid of the IRS monster, gets my vote!