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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Paul Lee who wrote (19573)8/1/1999 12:20:00 AM
From: rairden  Read Replies (1) | Respond to of 25814
 
Can one still sell short against the box?
Never done it myself, but that old maneuver
let a person lock in a profit without incurring
an immediate tax liability.
I can sell short 500 shares of LSI Monday at 50,
and buy them back Thursday at 47, subjecting myself
to a $1500 short term capital gain.
If I sold my own 500 shares it would be a $15,000
long term capital gain; plus I'd be restarting the
12-month clock when I buy the LSI back again.
Can also insure gains using options.



To: Paul Lee who wrote (19573)8/1/1999 12:51:00 AM
From: Jock Hutchinson  Respond to of 25814
 
Paul: When did this rule change?



To: Paul Lee who wrote (19573)8/3/1999 3:33:00 PM
From: Moonray  Read Replies (2) | Respond to of 25814
 
LSI Logic Corp. Rated New 'Buy' at Kaufman Brothers
Bloomberg - 8/3, 12:56

Princeton, New Jersey, Aug. 3 (Bloomberg Data) -- LSI Logic Corp.
(LSI US) was rated ''buy'' in new coverage by analyst
Alvin Kressler at Kaufman Brothers.

The 12-month target price is $65.00 per share.

o~~~ O