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Non-Tech : CompUSA (CPU)
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To: bunglingbob who wrote (902)12/24/1998 9:46:00 AM
From: Michael  Read Replies (2) of 3187
 
<<What's wrong with completing some portfolio balancing next week? I plan on some sales 12-30 to avoid the "wash sale" problem (bought some of my stock at lower prices).>>

My friend Bob:

For tax loss selling that can be applied to offset gains in 1998.
The sale must be closed in 1998. Stock transactions close 3 days
after they are made. This leaves Monday as last day in 1998 were
trade will close in 1998.

sure is a nice day
michael
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