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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (727)	6/10/1999 2:24:00 PM
From: Tom Hua	Read Replies (2) \| Respond to of 2514

Stock cannot be shorted until 30 days after the IPO. OT - Mike, it's a common myth, not true. Some folks on SI short IPOs on the very first day, just ask A@P. Regular folks can short 3 days after the IPO. I recently shorted RBAK, 2 weeks post-ipo, and ADFC 3 weeks post-ipo. Regards, Tom

To: Mike M who wrote (727)	6/10/1999 2:40:00 PM
From: ynot	Respond to of 2514

not sure that is true, either way good luck eom ynot :)

To: Mike M who wrote (727)	6/10/1999 3:09:00 PM
From: Fast Eddie	Read Replies (1) \| Respond to of 2514

Mike, IPO can not be bought on margin for first 30 days. You can however purchase in type-1 cash and then move to t-2 margin (fully paid for) on settlement day. Shares to short must be borrowed from a margin account. This makes IPO shares scarce the first 30 days but not impossible to get. I've shorted IPO's on t+3 many times. And very profitably I might add. 1/2Fast Eddie