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Technology Stocks : Avant (AVNT)
AVNT 31.10+1.1%Dec 18 4:00 PM EST
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To: Carl H. Gotsch who wrote (1923)1/3/1998 2:43:00 PM
From: Jonathan Greenberg  Read Replies (1) of 3441
 
Yesterday I was trying to short ENML and the trade was rejected because they didn't have the stock to loan. I called E*Trade and asked how often they update this status (ie, should I keep trying to short or wait a day). The rep said they update it daily and then told me to hold. She spoke with a margin rep and came back on the line and told me that they would let me short as it was a small order (<1000 shares).

As much as I have hated E*Trade, they did come through this time.

JG
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