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Technology Stocks : Compaq

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To: JGibbs who wrote (22349)3/17/1998 10:54:00 PM
From: Spinn  Read Replies (2) of 97611
 
If you sell your cpq you can take the loss. However, you must wait a time period determined by the IRS before you can repurchase the stock and still take the loss. I believe the period is 30 days. Conclusion, if you sell you must wait 30 days before repurchasing and this new purchase date starts the clock on the 18 months.
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