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rramirez82

02/05/10 10:58 AM

#147433 RE: seth06 #147418

Exactly.

From a tax perspective - and I believe Mordicai can correct me if I'm wrong on this - I believe the holding period for our WAMUQ will be tacked onto our holding period of JPM if a stock swap takes place - thus, those of us who have held for 1+ years can sell and merely pay the long-term capital gains rate (15%) as oppose to the marginal rate.