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

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To: GVTucker who wrote (86358)7/29/1999 9:54:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
GV - Re: "Please note that interest is paid to a short seller, not from a short seller. "

Are you serious ?

When somebody short sells a stock, and that stock subsequently RISES, the short seller is charged interest on the net LOSS he has incurred - until he covers his short position.

I thought you were in the securities business ?

Paul
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