Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (18596)	5/5/2000 5:26:00 PM
From: Geoff Nunn	Read Replies (1) of 18691

To Roger Babb or thread: It has been my experience, and frustration, that brokerage firms don't pay interest on cash proceeds generated from short sales. Instead the cash remains frozen in the account, becoming a sterile asset and an interest free loan to the broker. Do you know of brokers that do pay interest, or -- failing that, permit the short seller to invest the money in MM funds or T-bills?

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