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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: T Lamos who wrote (1747)	3/29/1998 8:50:00 PM
From: Veritas	Respond to of 8117

OFF TOPIC Sorry, It's my first attempt to do this myself. Check with your accountant. I would presume no need to show as a sale since you are merely exchanging the same dollar values - especially since you MAY be putting the stock inside at a lower price than you bought it. And again, what's the point of allowing the strategy if it forces a "sale" that has to be declared? Also, I presume that it can be done only with ONE stock. But check with your broker. They will know. Apparently it's a common practice. Good luck.