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Technology Stocks : LSI Corporation
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To: Paul Lee who wrote (19567)7/31/1999 11:05:00 AM
From: Jock Hutchinson  Read Replies (1) of 25814
 
Paul: He did have a loss on a portion of his stock--that portion that he bought about two years ago. But my premise is of course wrong, since it was rather small, and it was applied to the short-term capital gains that he made on his purchase when LSI was 14.
Thus, he did take advantage of the wash sale rule, in the sense that it didn't apply. "What a stupid I am" (Roberto DeVincenzo)
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