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To: Jerry A. Laska who wrote (56164)5/9/1999 9:08:00 PM
From: Wayners  Respond to of 164685
 
Thank you very much for the detailed explanation. That is very good to know. I thought one would be screwed forever. Capital losses can only be applied to capital gains correct matching up short term with short term and long term with long term. Its not going to help me personally but I know somebody it will help a lot.