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Technology Stocks : America On-Line: will it survive ...?

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To: Glenn D. Rudolph who wrote (9164)4/1/1998 3:28:00 AM
From: PAL  Read Replies (1) of 13594
 
Shorting against the box is no longer usable to save on taxes.

SOB is not also used to lock in profit. At this stage you neither gain nor lose your investment regardless what the stock price does. The tax treatment of SOB was changed in 1997 at the insistence of the White House. The Republicans gave in to that demand.
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