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To: ferrarilar who wrote (1644)	12/16/1997 9:36:00 PM
From: Jeff Parker	Read Replies (1) \| Respond to of 2694

Good point Lawrence. And I have done the same thing, in the past. However, didn't the 1997 tax code changes, eliminate this loop-hole? (I'm not selling any positions this year. Consequently, I haven't investigated this issue yet.)

To: ferrarilar who wrote (1644)	12/16/1997 10:00:00 PM
From: Don Lloyd	Respond to of 2694

Lawrence - <<A technique that I have used is to buy a second lot of the same number of shares one day and then selling the first lot that you have a loss on the next day.>> Unfortunately, this also violates the 'wash sale' rule. The purchase cannot be made within 30 days of the losing sale either before or after. The proper way to do this is to buy a second lot in mid November, hold a double position and sell the original lot in late December, for example. Then avoid a new purchase in January. Regards, Don