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Politics : Formerly About Advanced Micro Devices

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To: that_crazy_doug who wrote (105245)4/13/2000 7:24:00 PM
From: brushwud  Read Replies (2) of 1575426
 
I would consider shorting the stock or buying puts to avoid taxes. (you can sell a stock short, then give up your shares later)

This used to be the case in the U. S., but a couple of years ago the law was changed so that "shorting against the box [your broker's vault of stock certificates]" is considered to close out your long position for capital gain or loss purposes.
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