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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (6067)10/31/1998 12:06:00 PM
From: D VanSwol  Read Replies (2) of 18928
 
Tom,

With companies like VLSI, where we've been buying as it dropped from the 20's to 7, aren't the AIM sells now at 9-10 going to be "tax loss" sells on a FIFO basis while AIM calls them profitable sells on a LIFO basis? IOW, aren't these sells saving us tax liabilities while adding to our bottom line?

--Dennis--
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