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Technology Stocks : Zenith - One and Only

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To: Phil(bullrider) who wrote (6488)	12/15/1999 10:58:00 PM
From: MJ	Read Replies (1) of 6570

Selling short is obviously rather complex. If one sells short and doesn't get a margin call by the broker then is it fair to say that the short doesn't have to be covered. I can understand the Call Writing and call buying and puts-----for example I write covered calls. If the person who bought my call that I sold to them does not exercise that call by the given date, the stock remains mine and I also have the call money. So, is there an analogy to be drawn here with the selling short-----if so then I think I can understand it. However, don't believe my brain is oriented in the direction of selling short---will have to remain a call writer---seems straight forward to me and simple. mj

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