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To: Toby Zidle who wrote (2313)2/25/1999 11:20:00 AM
From: Early Out  Read Replies (1) | Respond to of 17683
 
That works for the 'buy' side. But what about the 'sell' side? If you hold stock AAA at E-Trade, you still can't sell it through Datek when E-Trade is down.

In that case you would short it at Datek, giving you a boxed position.

-jsc