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Technology Stocks : SYQUEST

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To: Jonathan S. Feingold who wrote (7626)1/24/1999 8:34:00 PM
From: Paul Mathis   of 7685
 
If you didn't "sell" prior to de-listing, I believe that it's a moot point. You get no deduction for 1998. You loss won't be realized until you actually sell your shares or can prove they are "worthless" which currently is not the case.

Perhaps someone with more recent tax training can advise if I'm mistaken. I didn't need the losses this year so it was not high on my list. (I guess that's sums up what kind of '98 I had. ;(

Regards.

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