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Politics : Formerly About Advanced Micro Devices

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To: ptanner who wrote (91905)2/7/2000 5:53:00 PM
From: brushwud  Read Replies (2) of 1576360
 
you cannot re-enter the same position (stock) within 30 days or it is a "wash sale."

Oh, you can re-enter all right (there's no revenuer to stop you at the trading desk). You just can't take a capital loss if you re-enter the same position. The IRS will not complain if you take a capital gain.
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