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Technology Stocks : CYPRESS Semiconductor (CY)

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: Jeff Parker who wrote (1643)	12/16/1997 9:16:00 PM
From: ferrarilar	Read Replies (3) of 2694

Re: "Wash Sale" rule on selling and buying back within 30 days. I am a new member of Silicon Investor so I hope this goes through OK. In your message to Steve Host you mentioned having to wait 30 days to avoid the "wash sale" rule for tax purposes. A technique that I have used is to buy a second lot of the same number of shares one day and then selling the first lot that you have a loss on the next day. This way you keep a position in the stock and establish the realized loss for tax purposes.

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