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Non-Tech : Any info about Iomega (IOM)?
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To: Jon Wagner who wrote (2152)5/28/1996 7:02:00 PM
From: Jim Shick   of 58324
 
Jon,

You don't owe any tax. The reason is you bought same stock in one month.
you just reduse your base of stock.

So your new base is 13.66(2500/183). Now if you sell @ 100 then you owe tax
on $15833(18333-2500).

P.S.- I am not expert.

Jim
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