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Non-Tech : Any info about Iomega (IOM)?

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To: Andy Chen who wrote (10270)10/27/1996 4:20:00 PM
From: slipnsip   of 58324
 
No one has to pay interest when shorting stocks unless you borrow on margin. If you sell 100 shrs of stock short at $20.00 and put up $2,000 of your own cash, you will not have to pay any interest. If you put up the minimun Fed requirement of 50% or one thousand, you will have to pay interest on the other $1,000 you borrowed. When market makers go short, their positions are usually paid for in full. But the bottom line is that they operate under the same requirements that the rest of us do.. (Pretend that there is other equity in the account putting you over the $2,000 minimum).
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