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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (22251)1/30/1999 11:15:00 AM
From: netwatcher  Read Replies (3) | Respond to of 152472
 
--OT--
Is anyone aware of conditions under which an individual can avoid paying taxes on the LWIN distribution in 1998? The text below is from the LWIN investor info page and leaves me with the impression that there may potentially be a situation in which a taxpayer can defer or recharacterize the gain.

Thanks for any suggestions. Go Q!

From LWIN site:
Q. What is my tax basis in LWIN shares received in this distribution?
A. The tax basis of the LWIN shares you receive in this distribution will be equal to the FMV of those shares ($6.875 per share).

Q. Can I avoid paying taxes on the dividend this year?
A. Each stockholder's tax position is unique to him or her and you must consult your tax advisor to make this determination.



To: Keith Feral who wrote (22251)1/30/1999 3:48:00 PM
From: Dave  Respond to of 152472
 
Keither:

t sounds like ATT is getting close to capacity on their TDMA network. They will need to upgrade to CDMA soon

I think all AT&T will do is add more base stations....

dave