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Technology Stocks : USAT Long Distance Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: Brett S. who wrote (270)2/5/1999 8:52:00 AM
From: TE  Read Replies (2) | Respond to of 397
 
I believe you are correct assuming it never trades again you will be credited the proceeds from the short sale in your account.



To: Brett S. who wrote (270)2/10/1999 4:40:00 PM
From: Ed Beers  Respond to of 397
 
If you have sold it short, then you already have the money.

Now for the next question, can you just short it into the
ground and never recognize the gain for tax purposes?


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