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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: MrGreenJeans who wrote (8415)9/8/1999 8:06:00 AM
From: Logain Ablar  Read Replies (1) of 15132
 
MGJ:

Your right shorting against the box is not illegal. The tax benefit of deferring gains though went out the window. I beleive the effective date was 1/1/98 (could have been a little earlier when the bill was agreed to in committee).

Tim
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