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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom? -- Ignore unavailable to you. Want to Upgrade?


To: 8bits who wrote (1177)10/29/1998 1:41:00 AM
From: advinfo  Respond to of 2313
 
however I think tax selling for mutual funds and
institutions closes October 30th this year.


You are correct sir!



To: 8bits who wrote (1177)10/29/1998 2:03:00 AM
From: chester lee  Respond to of 2313
 
Nick,

<<I think tax selling for mutual funds and institutions closes October 30th this year. (For individual investors it's at the end of the year.) Could anyone comment on this?>>

You are correct. October for funds, and Dec for individual tax filer's.

As for tax loss selling, there may still be some, since asyt traded into the high 30's for the year. bigcharts.com

There might be some tax loss selling, but given how rapidly asyt rebounded roughly 100% in the past 3 weeks, some tax loss sellers may not want to be out of asyt for 30 days (avoid the wash rule) and miss the move back-up.

chester