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Technology Stocks : Intel Corporation (INTC)
INTC 48.76+10.9%Jan 28 3:59 PM EST

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To: GVTucker who wrote (86358)7/29/1999 2:49:00 PM
From: Elmer  Read Replies (1) of 186894
 
Re: "Please note that interest is paid to a short seller, not from a short seller. When a stock is sold short, the cash proceeds are credited to the short seller. This cash earns interest."

Not at most brokers. They charge interest when the position is in the red, they pay interest when it's in the black.

EP
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