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Subject:  Re: Sell and buy again? Date:  4/22/2002  10:33 PM
Author:  mikeg1382 Number:  34309 of 97280

<<<What would be your goal in selling, then repurchasing? For some reason, I feel like you are trying to lower your cost basis,>>>

<<Also, you do not appear to be aware of the wash sale rules.>>

Both about right, and thanks for the input. I had heard of a wash sale, but I didn't really know what it was. Like I said, I am a beginner and mostly deal with DRiPs so far. I was thinking of lowering my cost basis, then buying more shares and depositing them into a DRiP plan in the future (still not sure if I want to DRiP GE) but I wasn't sure if that made a lot of sense. That's why I come to you folks! I only hope that one day I will have enough knowledge to be able to add to these boards instead of just asking questions.

Mike in NJ
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