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Technology Stocks : Unisys: Computer Solutions and Services Worldwide -- Ignore unavailable to you. Want to Upgrade?

To: Naveen Kumar who wrote (2375)	6/9/1999 2:40:00 PM
From: Dinesh	Read Replies (1) \| Respond to of 2818

Options exercize related question I bot a bunch of UIS 2000 leaps a couple years ago. Liquidating them would mean tons of capital gain tax. I hate that (not the gain :). What would happen were I to excercize them to acquire the stock (I still like this bugger) ? Will it only adjust my cost basis to the (option cost + strike price) and begin a new holding period ? In other words, embed the gain into the stock holding. If you have had similar experience, I would appreciate your feedback. Regards Dinesh