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

To: Barry A. Watzman who wrote (49834)3/5/1998 11:14:00 PM
From: Mr.Hi Gain  Read Replies (2) | Respond to of 186894
 
Does anyone know the tax implications of selling INTCW ? Do they count as long term gains if one has held them for > 18 months ? I found out from the Intel Web site that if one converts them to stocks the time period resets and one has to hold them for > 18 months from that point to get long term gains. Is this correct ? Any wisdom on this will be greatly appreciated.

Thanks,



To: Barry A. Watzman who wrote (49834)3/6/1998 12:38:00 AM
From: Jim McMannis  Respond to of 186894
 
Barry,
RE:"Hey, Barron Von Hymen, if you have INTCW and you don't know
when it expires, you will probably soon suffer from an event
that, in your case, will result in the loss of your Hymen."

That ought to bring a little laughter to an otherwise morbid group of Intelabees, if anything can...
He He He
Jim


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