Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Rock_nj who wrote (3717)	1/13/1999 2:17:00 AM
From: Toni Wheeler	Read Replies (2) of 122087

Rock, <<<That's interesting, because I have heard the opposite (those who are long need to call in their shares in order to trade them in for the new shares and force shorts to cover)>>> I have heard that upon a change in the name of the company (and I assume the ticker as well), the 'cusip' number will change, therefore, shorts will have to cover. When shareholders possess their certs, the shares were not 'lent' legitimately to the shorters and they are 'caught'! I don't know, however, if it's the firms or customers (shorters) who bear the burden!!! I may be totally wrong on the specifics, but, the concept of what you heard is the same. I think if only the ticker symbol changes (going to another exchange, etc) the above scenario is NOT applicable. Am I close to being correct, A@P?? <g> T.

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