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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: UFGator93 who wrote (9012)	7/6/1998 1:36:00 PM
From: IceShark	Read Replies (1) of 164684

I wonder about Datek. Either they borrowed a huge block of shares from someone (I wonder if insiders would or could legally lend them a block) or if their MM is pulling something and doing them a favor? If they borrowed a big block and the lender decides to take it back, I believe their shorts will be forced to involuntarily cover if Datek can't replace the shares. That would be scary. -nfg- Other brokerages may have made an internal decision not to allow further shorting, even if they do have a few shares available internally. Sort of a "customer service" decision so the above doesn't happen if they lose too many long shares. Regards, DWW

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