CPN: Calpine Corporation Message Board

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Gold/Mining/Energy : CPN: Calpine Corporation

FRO 23.66

-0.3%

Nov 7 3:59 PM EST

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To: daryll40 who wrote (98)	8/8/2001 8:39:57 PM
From: Don S.Boller	Read Replies (1) of 555

Unless they have changed the rules since I was a NYSE RR - a long term gain is recognized When you tender the stock against the (box)short... if no offsetting losses - you might take several years to close out. Just can't use short against box to make a short term gain into a long one. As for taking the big gain - have you looked at PRD or XRX lately? (God forbid some of the techs of 18 months ago...) Best, Don

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