I need to read a file (a list) and assign the value to a variable (for each line), I'm looping until the end of the file. My problem is, I want to assign 2 separate variables from the list. The process I'm using is:

awk '{print $3}' file1 > file2
awk '{print $4}' file1 > file3

cat file2 | while read var1
do
   cat file3 | cut -c2 | while read var2
      do
         if [[ "$var1" = "L" && "$var2" = "e" ]] then
            echo "Good Match" $var1

         elif [[ "$var1" = "T" && "$var2" = "t" ]] then   
            echo "Good Match" $var1
         else 
            echo "No Match" 

         fi
      done
done

Just read the original file and discard some variables -
try:

   while read first second var1 var2 alltherest
      do
         if [[ "$var1" = "L" && "$var2" = "e" ]] then
            echo "Good Match" $var1

         elif [[ "$var1" = "T" && "$var2" = "t" ]] then   
            echo "Good Match" $var1
         else 
            echo "No Match" 
         fi
      done < file1

thank you very much, I was not aware that we could assign 2 variables in that manner. Here is my code that works, for those who may run into this problem:

cat file | grep "M " > file1

awk '{print $3,$4}' file1 > file2

cat file2 | cut -c1,2,4 > file3

cat file3 | while read var1 var2  

do
   if [[ "$var1" = "L" && "$var2" = "e" ]] then
      echo "Good Match" $var1
   elif [[ "$var1" = "T" && "$var2" = "t" ]] then   
      echo "Good Match" $var1
   elif [[ "$var1" = "P" && "$var2" = "c" ]] then
      echo "Good Match" $var1 
   else 
      echo "No Match"
   fi
done