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Technology Stocks : All About Sun Microsystems
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To: Alok Sinha who wrote (15110)3/31/1999 3:16:00 PM
From: SecularBull   of 64865
 
I think that many of the technical rules are at least 60 days, and I'm not sure that wash sales are booked as short term if held for less than 12 months, even if you do the later transaction. In other words, the IRS will not allow wash sales per se. It might help if I had a better idea of the exact details of the transaction to which you refer.

DISCLOSURE: I am not a CPA or tax professional. I speak only from limited personal experience.

Regards,

LoD
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