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Non-Tech : Any info about Iomega (IOM)?
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To: Joel Sternberg who wrote (21989)5/7/1997 8:59:00 PM
From: slipnsip   of 58324
 
<Does the lack of knowledge ever stop you from talking. Collateral requirements for
short sales are met by holding long positions in the account. It does not diminish in
any way our ability to go long, nor does it expend one dime of capital. And yes, we
make interest on the short balances. God are you aggressive in your ignorance.>

You are correct in the above concerning being "short agains the box",
but the problem with your previous post insinuated that an individual
or institution can short as much as they want without any capital. If
you are short less stock than you are long, then the total net effect
is that you are long IOM stock. Just more of your dissinformation and
trying to confuse the less sophisticated investors out there.

For the record, Although I am currently not registered with any firm,
I am 7,63,53,4,24, life and variable annuity licensed.
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