1.   Analysts have been speculating for months that such a transaction was in the works.

2.   Anyone who did such a transaction, and left it open, would be vulnerable unless they died within two years of doing the short sale.

3.   But analysts said Bally would have difficulty raising the money for such a transaction.

4.   But even Walsh, the president of the Indiana Pacers, said such a transaction was unlikely.

5.   But the experience of David Baldwin of Naples, Maine, is typical of how such a transaction works.

6.   Dubin said it makes sense to lease cars before declaring bankruptcy, since such a transaction would have been impossible to complete afterward.

7.   European antitrust regulators worried that such a transaction would give AOL Time Warner monopolistic control over the music industry.

8.   He added that he knows of no other CEO who has engaged in such a transaction.

9.   If such a transaction takes place, it would give an investment group led by Continental Chairman David Bonderman stakes in three airlines.

10.   In other words, according to that view, the sellers could not be the buyers in such a transaction.