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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: George Papadopoulos who wrote (38214)10/1/1998 10:13:00 PM
From: detroit denny  Read Replies (1) | Respond to of 41046
 
JIM , IT MAKES NO DIF TO THE irs WHETHER IT IS A SHORT TERM OR LONG TERM SALE...EITHER ONE CANNOT BE REPURCHASED FOR 31 TRADING DAYZ IF U WISH 2 AVOID A WASH sorry about the caps lock key ....ggg back now to ftel, plz.



To: George Papadopoulos who wrote (38214)10/2/1998 1:29:00 AM
From: jim bowman  Read Replies (1) | Respond to of 41046
 
OT: I guess my question was kind of cryptic. Are the losses that you claim on stocks that have been held over 12 months (qualifing under long term capital gain taxation) subject to the same loss rules as short term trade losses?