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Technology Stocks : C-Cube
CUBE 35.36-1.0%3:59 PM EST

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To: ViperChick Secret Agent 006.9 who wrote (30500)3/8/1998 10:17:00 PM
From: CPAMarty  Read Replies (2) of 50808
 
Shorting against the box is not illegal, however, unless you follow some cumbersome rules this technique no longer defers tax on the gain on your long position. In other words in most cases you will trigger the gain in your long position the minute you go short against the box
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