Cymer (CYMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cymer (CYMI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Curlton Latts who wrote (11902)	12/24/1997 1:53:00 PM
From: Mr. Aloha	Read Replies (3) of 25960

If I sold stock in 1997 for a $50,000 capital gain... and I had $30,000 in paper capital losses in Cymer with all the negative news about Asia etc.. I'd probably take a very close look at the situation. If I thought that I could sell Cymer and get back in before a significant increase (after 30 days), I'd probably do it. I would wipe out $30,000 in profits and save approx. ($4,500 - 8,400) in Federal taxes. So instead of owing something like $14,000 in Federal taxes, I'd owe $5,600. I believe the last day to sell stock for 1997 is three days before the end of the year because the record date is the settlement date not trade date. When is that? Today or tomorrow? Aloha

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next