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Technology Stocks : Compaq
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To: Mike Gordon who wrote (23895)4/6/1998 6:28:00 PM
From: Big Lou  Read Replies (1) of 97611
 
Mike- if i do a bull put spread that results in a credit of $25,000 dollars, do i earn interest on this while it sits in my waterhouse account (money market fund)?
waterhouse says no b/c it stays in margin account and thus earns no interest.
thanks for any help you can lend. lou
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