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Non-Tech : Loewen Group

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To: Scorpio who wrote (266)	8/2/2000 11:47:43 AM
From: MF	Read Replies (2) of 277

Shorts only have to cover IF..... the company recovers from bankruptcy. If the company fails & becomes delisted, then the shorts NEVER have to cover & their gain is a tax free event. You must have a buy & a sell in order to trigger a taxable event. It is the classic short that shorts dream about and that comes about every 5 years or so. Just thought I would share the other side of your coin.....

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