Wells Fargo & Company Message Board

Internet stocks will go lower from here. A correction is under way. Sell MO KO CPQ and WFC. Buy WRE ASL FWC and WTHG. This companies will benefit from the shift in market leadership.

If you only use WFC/NOB ATM's there are NO fees. Planning is the key to controlling costs! Keep using those BOA ATM's we can use the revenue.

There were two flat years 1990 and 1994. It is
fun to look at the ten year chart and then think how
much worry went into every little blip and dip when
the overall pattern has been pretty steady eddy
upwards.

sold it Hazen got 15mil cash and 4o mil in stock
options,
cutting employee benefits and kicking long timers - all
the
accrued sick leave days old time employees
saved up will go up
in smoke and we get nothing for
it. They screwed up benefits to
get the hard cash
for themselves. "gave up their positions"
- you
idiot. We work wery hard for 3% raise maybe a
year
for the robbers to take it later. Look at the ATM
charges
people are paying, it's robbery.

I recently joined a new Internet service that has
developed a new concept in internet commerce. You should
definitely consider becoming a member.

This Internet
company pays its members while they surf the Web ($.50 an
hour). It's free to join and it takes about a minute (no
survey to fill out).

Just go to
http://alladvantage.com/go.asp?refid=ape580

Members are paid for their own Web browsing and for
referrals. You get paid addtional $.10/hr for unlimited
direct referrals and $.05/hr. for indirect referrals for
up to 4 members. Please tell as many of your friends
about this program as possible. Be sure to enter my
ID#(ape-580) when you join. Remember, it''s easy to sign up
and it will never cost us a dime! Details below. Let
me know how you like it. My e-mail:
s_armand@hotmail.com.

This is what my acct. looks like right now and I can't
wait to get my check, and I just
started!!!:

Account Info

Armand *******-- ID# APE-580

Member Since April, 1999

Your Referrals:


Your direct referrals: 141
(Members you
referred)

Your extended referrals: 399

(Members indirectly referred by you)

Total
referrals: 540


Monthly Statement:


Balance from last month $0

Plus amount earned in
current month:
Viewbar� $0
Shopping rebates $0

(Less) amount paid to you this month $0
Total
amount due to you now $0
Total earned since
joining: $0

If you are still contemplating to
join, please check out the news releases on this
company by:

San Francisco Chronicle
Fox
News
BBC News
USA Today
LA Times
Red
Herring
Yahoo! News
Washington Post

There are too
many to list, Just click on this to join and see for
yourself: http://alladvantage.com/go.asp?refid=ape580

Let me know if you have any questions:
s_armand@hotmail.com

Regards,
Armand
Member ID#: ape-580

Well, see your tax advisor is all I have to say.


In a nutshell, when you exercise an ISO, you do not
incur any tax consequences except you get a Alternative
Minimum Tax preference item. For most people this is not
a major item. As long as you hold the shares (after
exercise) for more than 1 year, any gain you realize after
you sell is long term capital gain.

When you
exercise the NQ (non qualified stock options), you
recognize ordinary income upon exercise (cha ching) and the
ole SSA gets their FICA tax too. Say you are
fortunate to be in the 31% Federal bracket
(marginal):

31% To Feds
9% to State of CA
7.65% to FICA
(you may get the 6.2% back if you go over the
max)

47% of your gain in the NQ goes to taxes (and no less
than 40%).

I guess 53% of of something is
better than nothing, but I prefer the ISO
myself.

Hope this helps, but if not, just call executive
compensation.

Would you please explain the difference between
the old Wells stock option plan(ISO) and the new
Wells(Norwest) stock option plan? You mentioned that the tax
ramifications are significant. Thanks in advance for your
thoughts.

Well, then this may not be of interest. How about
20,000 shares
for about $2,000? What about a zero
debt company? International
Internet(ININ) is
entering the auction site biz. Volume last 3
days 29,
39, 45 million shares...it IS getting noticed.
Check
Yahoo for news/charts. No 10 minute spike( a sure sign
of P&D ).
It is NOT a daytrade. I'll hold 'til at
least New Year.

A year ago, I bought Norwest (NOB) and
recommended it
to my father, sisters, and other relative.
Guess what,
nobody makes money after one year.
(Warren Buffett
focuses on long term. So should we?) I
have all those
books about "value
investing".

NOB (now WFC) is not my only investment. But KO,
MO,
Countrywide Credit, Compaq, and Borders Group, all
go
down a lot. I am down 30% to 50% on those,
after
one or two years.

I used to consider in low
PE. I used to consider value.
Now, it doesn't
matter.

The Dow is setting a record, but how could I have
less
money in the portfolio after one year?

Trouble
in MO, trouble in KO, now trouble in
Compaq.
Enough is enough. I used to resent Internet
stocks.
Now, it doesn't matter.

"If you can't fight
them, join them".

According to analysts, most of the gains this
past month can be attributed to new money flowing in
to IRAs
ahead of the tax deadline. With taxes
due tomorrow those funds are starting to dry up and
that is forcing
traders to confront the escalating
situation in Kosovo and the dangers lurking in upcoming
earnings reports.RRRRRRRRR
I JUST SURF THIS JP MORGAN
1999 STOCKPICKS

http://www.angelfire.com/mo/jpm1999