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Non-Tech : Waterhouse Securities
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To: Joseph Francis Torti who wrote (237)12/8/1997 12:44:00 PM
From: DRL  Read Replies (2) of 2076
 
Just remember if you have a margain account and buy to cover and they forget to pair off the short you will be charged interest on the long. This has happened before and the magain dept. had to calculate the interest charged for the extra days. (Was about $55 dollars)

They also told me if I buy to cover and call them and then change my mind, I can leave those shares long.

-DRL
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