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Biotech / Medical : Sepracor-Looks very promising

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To: Bob Swift who wrote (2292)4/14/1999 9:19:00 AM
From: BMcV  Read Replies (1) of 10280
 
Thanks, Bob. I went with the ZQTAKs (Jan '01 -- 155's). I'm guessing we'll be at least 250 in two years, implying about 350% appreciation. Now another question for you. When you sell the stock and buy LEAPS, does that count as a wash sale for tax purposes? Before I consider selling some shares to cover the cost of the LEAPS, I need to know if I can defer the gain.
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