SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (7446)4/3/2001 10:51:47 AM
From: JakeStraw  Read Replies (1) | Respond to of 10934
 
KG4, Definition of a wash sale per the IRS -
Wash sale: A sale of stock or securities at a loss within 30 days before or after you buy or acquire in a fully taxable trade, or acquire a contract or option to buy, substantially identical stock or securities.



To: im a survivor who wrote (7446)4/4/2001 2:41:28 PM
From: Mark Fleming  Read Replies (3) | Respond to of 10934
 
I ended up selling 4,000 NTAP shares with short term losses of around $100K or so and keeping 4,000 NTAP long term shares. With the proceeds I purchased an equivalent dollar amount of EMC shares.

So, I have 50% of the sector in NTAP and 50% in EMC, along with a nice tax loss of $100K or so I can use against gains.

(SecBull: You see, a non-emotional transaction)


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News