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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (105249)	4/13/2000 7:28:00 PM
From: Epinephrine	Read Replies (1) \| Respond to of 1575181

RE: <Originally you borrow them from your broker. You buy them only when you cover (end the short)which means you buy them at the current price. Then they are yours with which to do whatever you want just like if you had gone long in the first place.> Tejek (Ted), You had better go back and get a book on basic investing. You borrow the shares from your broker to sell them to someone. That is what creates the short position. When you buy them back it is so that you can return the shares that you borrowed back to the broker. You don't get to keep them!! Regards, Epinephrine

To: tejek who wrote (105249)	4/13/2000 7:32:00 PM
From: steve harris	Respond to of 1575181

ted, e-analytics.com You borrow the stock and sell it. Then later you buy it back and give it back to your broker. You hope the price went down between the sell and buy time period. steve

To: tejek who wrote (105249)	4/13/2000 10:08:00 PM
From: that_crazy_doug	Respond to of 1575181

<< Originally you borrow them from your broker. You buy them only when you cover (end the short)which means you buy them at the current price. Then they are yours with which to do whatever you want just like if you had gone long in the first place. >> When you buy back the shares you give them to your broker to turn over to the person you sold the shares to in the first place, you don't get to keep the shares. If you did, I'd short everything, take the money, then still own the shares at the end ;) Doug