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To: posthumousone who wrote (112057)7/11/2001 12:00:46 PM
From: Archie Meeties  Respond to of 436258
 
You don't WANT it to go to zero. If it does, you have to realize the short-term capital gain. (Gains on short sales are "short-term" even if you held the short for 100 years, because you sold the stock less than a year and a day after you bought it.