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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST

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To: Peter V who wrote (1821)7/22/1998 7:43:00 PM
From: Dave Evans  Read Replies (2) of 2616
 
<The brokerage has to have shares for a shorter to borrow them. If you buy shares through those brokerages, and hold them in a brokerage account (as opposed to ordering the stock certificates), the brokerage can lend them to shorters.>

Actually they have to be held in a margin account to be lent by the broker. And I believe your broker can track down shares to be shorted from other brokerages even if they don't have any available.

Dave
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