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To: SJS who wrote (26632)	7/28/1998 11:40:00 AM
From: Don Westermeyer	Read Replies (1) \| Respond to of 95453

Yes. I shorted a stock I currently own long in the same amount as I own long to continue to protect myself on the downside until this carnage is over. Is there an advantage in doing that? Why not just sell the stock, then buy back later. Sometimes I'll hold long and short the same stock. The reason I do it is because sometimes the stock is hard to borrow - and if I fear a run (based upon some hype - eg KTEL) I'll go long the stock instead of buying back the shorted shares. When I want to go short again I just sell the long shares.