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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: SecularBull who wrote (15109)3/31/1999 1:02:00 PM
From: Alok Sinha  Read Replies (4) | Respond to of 64865
 
Well, I got tempted by the recent run-up and bailed out of half my position at 127.5 (a case of fear overcoming greed). Hope to build back on any pullback (but the way SUN is going it may be at 140 instead of 120.
Can anybody confirm this:
For capital gains purposes IRS classifications for wash sales (i.e. if you buy back the securities that you sold within 30 days)only apply if
you have a loss.

Regards

Alok