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


To: netwatcher who wrote (22252)1/30/1999 11:40:00 AM
From: Valueman  Read Replies (2) | Respond to of 152472
 
I would suggest reading Barron's this weekend(pgs. 27-28) simply for the joy of seeing Roundtable member Felix Zulauf pick two shorts--Marc Cabi's house of clowns, CS First Boston, and Ericsson! Imagine that.

Tero continues his handset fetish drivel at TheStreet.com, saying his precious Nokia fell because of the huge expectations and ERICY rose because of the mention of a new handset. The world does not focus quite so much on handsets as Tero. Handsets do not move markets.



To: netwatcher who wrote (22252)1/30/1999 2:50:00 PM
From: Maurice Winn  Respond to of 152472
 
***LWIN tax avoidance*** You asked: "Is anyone aware of conditions under which an individual can avoid paying taxes on the LWIN distribution in 1998?"

Live in New Zealand! No capital gains tax here unless you are a trader of stocks or in business. Companies can split and that is not a taxable dividend. If you sell the stock it probably would be - even then, might not be.

Or live in Bermuda. Or have a company registered there which owns your stock. It could have a company credit card and you could buy stuff using that. Residency can have a big impact on tax, so if you live in the USA, you might have to pay anyway.




To: netwatcher who wrote (22252)1/30/1999 6:36:00 PM
From: JGoren  Read Replies (1) | Respond to of 152472
 
LWIN is supposed to send us a 1099. The only way I know to "avoid" paying taxes on the dividend distribution is if you have investment interest expense and use that to offset the dividend. There is something on the website about reducing your basis in Qcom shares as a return of capital but I don't understand that. See your tax adviser.