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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (27454)12/29/1998 12:51:00 AM
From: Jazz102  Read Replies (1) | Respond to of 70976
 
You don't lose the loss, its just delayed. if you had a loss of $500, bought back the stock within 30 days, you can add that $500 loss to your cost basis of the current purchase. e.g. if you sell the 2nd purchase and have a $1000 profit it becomes a $500 profit; if you have a $1000 loss it becomes a $1500 loss. Hope this helps.
JAZZ


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