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To: James F. Hopkins who wrote (1413)7/3/1999 6:41:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 2076
 
"Did you own the stocks or did they borrow them , if borrowed then I understand the lender can call them at any time."

That isn't what happened here. You are correct that the lender can call the shares back at anytime, it is one of the risks of shorting. In this case they attempted to make the short sale vanish. Not a forced buy to close, a cancellation of the sell to open. I understand a call from a lawyer caused the profits to be returned.

Barb