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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Marantz who wrote (7351)11/29/1997 5:57:00 AM
From: Edward M. Zettlemoyer  Read Replies (3) of 9164
 
Marantz, <Almost everyone has a loss they could use to reduce their tax liability> I think the time frame is too short for a tax play with AKSEF. I believe according to SEC rules if one was to sell today they could not repurchase the same stock for 90 days after selling for a loss. I for one, would not like to be disqualified for 90 days considering the fundamentals could warrant a price run within that time range. ED
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