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Pastimes : From A to Zeev" -- SI Sacks Zeev -- Ignore unavailable to you. Want to Upgrade?

To: GTC Trader who wrote (645)	11/18/1999 5:40:00 PM
From: doormouse	Read Replies (1) \| Respond to of 708

Zeev, For us economidiots, could you 1, 2, 3 explain "tax loss" selling? I mean, is there advantage to selling old losers over new losers? What gets weighed into the decision of which losers to lose? :)) thanks, .k

To: GTC Trader who wrote (645)	11/18/1999 5:48:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 708

Happy, IO have an opinion only on PROG. If you have a loss and you have gains to compensate against, I would take the loss, and if you still like it around Dec 20th (you have to wait 30 days), then rebuy it, I think you might get it at around todays prices. Of course, that should have been done on the last rally, and you are now getting pressed on time. I do expect it to rally around Christmas and into new year, and that can start earlier. Zeev