Compaq Message Board - Msg: 3761279

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Technology Stocks : Compaq

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To: billwot who wrote (22519)	3/19/1998 12:03:00 AM
From: Kashish King	Read Replies (1) of 97611

If I bought 1000 shares at 35, and they now have a market value of 23 I lost $12000, whether I sold or not. Holding on to a loss to avoid recognizing it does not change the fact that it is a loss! Ah, yeah, and if you bought 1000 shares of ORCL at $18 and sold it a short while later for $30 you would be up, ah, a lot. As far as the loss is concerned, it's a paper loss or gain until you realize it by actually selling the stock. Then you can a) pay your taxes, or b) make a deduction provided you stay out of this stock for a month.

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