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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: CMon who wrote (2062)6/24/1999 3:05:00 PM
From: Kevin  Read Replies (2) of 2693
 
CMon- A box is (or was) when an investor is long and sells a like amount in a short account, thereby preventing the gain, until the positions are merged....or vise-versa. Therefore, the positions is in all tense and purposes, closed. It was a tax prevention strategy, largely done by the wealthy with a short term profit, a few years back.

Maybe we are misunderstanding each other...?
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