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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: ALTERN8 who wrote (951)5/28/1999 4:18:00 PM
From: Whys1   of 2908
 
Altern8, ++++++++OT++++++++++++

Sorry, should have been more specific. Filing as an individual,
if your short term capital gains result in a net loss, lets say 26k, for the year, you're only allowed a 3k deduction from your adjusted gross income for that year. The additional 23K loss will be carried over to next year. That's how I understand it.
I hope that you don't end up with a net loss for the year however!

Best of luck

Whys1
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