Workflow issue on Sales Stage

Hello: Hoping I can get some help with Workflow syntax
Premise: Every time a sales stage is updated (except for when the opportunity is closed/lost or closed inactive) we copy that stage into a field called Last Stage. This way we can generate reports on what stage the opportunity was at before it was lost or inactivated - management and marketing can use this info to determine new sales strategies/campaigns etc.
Here's what I've come up with:
Workflow Name     Opty: update last stage     
Record Type     Opportunity
Active          
Trigger Event     Before modified record saved          
Workflow Rule Condition     [<SalesStage>] <> "Closed/Lost" OR "Closed/Inactive"
Action      
Field Name     Last Stage     
Value          [<SalesStage>]
Overwrite Existing Values     checked
This workflow is working in that it does update the last stage field with the sales stage except if Closed/lost
however ... when I select Closed/Inactive it overwrites the Last stage with Closed/Lost
Again expressions are not my strong suit, if you could assist in pointing out the error of my ways, I'd be eternally grateful
Cheers
K

Not sure I understand - I don't think the previous condition is relevant here. What I needed to happen is for the sales stage to be copied to last stage in every instance - except if the stage is Closed/Lost OR Closed/Inactive - if it is closed/lost OR closed/inactive I don't want it to update.
If you still think it is a Pre condition that I need, could you please assist with helping me with the syntax? None of my muddling produced any that would pass the syntax test anyway.
Thanks
K

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