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To: Paul Lee who wrote (19570)7/31/1999 4:41:00 PM
From: Jock Hutchinson  Read Replies (2) | Respond to of 25814
 
Wait a second. Are you telling me that if I buy stock X at let's say 40 two years ago, and then sell it on Monday at 80, and then repurchase the stock the same day at 79, that I am required to pay taxes on that stock for a gain of 40 points. If so, I strongly disagree.