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Non-Tech : Web Street Securities (WEBS)
WEBS 20.73+0.9%Nov 26 4:00 PM EST
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To: Street Walker who wrote (509)7/30/1998 5:58:00 AM
From: Linda Kaplan  Read Replies (1) of 1339
 
Walker: On shorting, if you're using margin, Brown & Co is the cheapest I know -- well below broker call rate on my amount of debt.

It's not the initial trade (at Brown that's either $5 or $10 for 1-5000 shares) that costs on the shorting, but the margin costs and what it does to your buying power. I find that all that is most contained at Brown.

Linda
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