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Post# of 97595
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Elmer Phud

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Elmer Phud

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Re: I_banker post# 19688

Friday, 12/05/2003 11:55:38 AM

Friday, December 05, 2003 11:55:38 AM

Post# of 97595
I_banker -

HailMary, you may want to consider the tax consequences of selling this year. Unless you have offsetting losses, you would end up paying cap gains (even if they are long term) by April of 2004. If you wait and sell in January, you won't have a tax bill due until 2005 and if you were to suffer any losses next year, they could be written off against your AMD profits.

Wouldn't an in the money Jan CC do the same thing?


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