Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.060

-1.9%

3:45 PM EST

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To: Brian Lempel who wrote (10231)	11/9/1997 1:59:00 PM
From: John E. Stanga	Read Replies (1) of 12298

For those taking a loss on apm, consider this strategy. Buy an equal number of shares Monday as those on you which have a loss. Wait 30 days and then sell the original shares for a loss good for filing 1997 taxes. This is not an ideal situation, but it may make the best of a bad situation, especially if one thinks than long term the stock will come back to higher levels it experienced not too long ago. jes

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