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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Barry A. Watzman who wrote (42839)	12/19/1997 5:21:00 AM
From: Sowbug	Respond to of 186894

<<I am not sure about this, but I think that the wording of the wash sale rules are "within xx days of" not "within xx days after". But you should check with an accountant.>> That makes sense; otherwise, it would be a pretty stupid rule, easily circumventable by anyone with a margin account. My decision to sell before the recent drop turned out to be the right thing to do for the simple reason that the stock has dropped so much. So I've decided to ignore the tax considerations and just re-buy when I think INTC is cheap enough -- no matter whether it's a wash sale, I've avoided a big loss and gotten the chance to buy more INTC.