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Technology Stocks : Zitel-ZITL What's Happening

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To: g forrest who wrote (17847)4/12/1999 2:50:00 AM
From: dumbmoney  Read Replies (1) of 18263
 
If that's the case, I guess there's no point in holding this one for over a year. I'm finally out.

If you don't fear the stock popping, you can hold the short position forever and avoid paying taxes on the gains. You only have to pay taxes if the stock becomes "substantially worthless" (whatever that means).
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