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

To: Tushar Patel who wrote (60416)	7/15/1998 10:58:00 PM
From: John O'Neill	Respond to of 186894

>>When you buy puts against long stock, does that represent a taxable event? << It remains to be seen. The IRS has cracked down on shorting against the box unless certain time limits are met....on the other hand..the IRS has drawn so much "heat" lately, I doubt they would pursue the matter. Just buy the puts and don't worry about it JO PS..$INTC tested $85 exactly as per my prediction..I think Jan 1999 puts are a safe bet