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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: jeff conn who wrote (22963)11/12/1997 3:16:00 PM
From: Nick Tingle  Read Replies (1) of 61433
 
OFF TOPIC REPLY:

I believe you can, but only 50% of the short term loss can be offset against the long term gain. My advice: plug the numbers into TurboTax and see what happens. (Or, since you've got such a large gain, use some of it on a CPA...)
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