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Technology Stocks : America On-Line: will it survive ...?
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To: Dr. D who wrote (12962)12/23/1998 12:34:00 PM
From: Cosmo Daisey   of 13594
 
Jinx,
The post is correct. If you sell at a loss and reposition, your cost basis is as though you didn't sell at all. Your first purchase loss is deducted from your ultimate gain (added to the purchase price) until you sell at a profit or sell at a loss and are out for 30 days.
cdaiseyPhD@heliopause.com
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