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Author:

Jam ok

Subject:

Off Topic

Date:

06/01/16 at 5:07 PM CDT

 

 

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Reply to:

MSG`#3731,`06/01/16
By LongTerm CapGains

 

Re: OT - bits and pieces

lt cap,

Thanks for the info on CIEN. It is, I think, pretty critical that they don't disappoint for a third straight quarter. Those downward surprises sent it into 'stock price hell', along with INFN. Amazing what a poor handling of the CC can do. (I'm both hopeful and interested to see if INFN has its act together for the next CC, and their dodging of questions doesn't make Hilary look like an open book by comparison.)

Also, and this is for anyone who might help by chiming in (thanks in advance) about the idea to delay taxation issues by using NOK's dividend (ex-date is about June 16th) by reinvesting the dividend in new shares. I spoke with my brokerage, and while they said they don't really have a set-up for dividend re-investing, their info is that it *doesn't* eliminate the tax hit - the IRS treats it as a taxable event on the dividend, even if you turn around and buy more shares with that dividend. I'm not sure if they really know what they're talking about, but in either public or private response, I'm all ears for any info.

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