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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Bernard Newman who wrote (6326)12/12/1996 5:50:00 PM
From: Sadim Gnik   of 186894
 
While we're on the subject, how about this example:

1) Buy 100 INTC @ 100 (a while ago)
2) Sell "short against the box at today's open (say 141)
3) Close the short position at the close at 137.

Pay capital gains on what? $400? $4100? $3700?

What is cost basis of net position?

thanks, SG
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