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Non-Tech : Yamner & Co., Inc -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (50)	6/16/1999 11:34:00 PM
From: Mama Bear	Respond to of 58

Mshater, I believe that requiring marginability for shorting is a house rule at Waterhouse. The individual broker is allowed to set house rules tighter than regs. It is my belief that BB's are not marginable, but that doesn't mean they're not borrowable. Of course I've found out a few of the 'common wisdoms' I thought true are false (borrow IPO's for 30 days, can't short BB's), so it wouldn't shock me if some are in fact marginable. But just because a stock is on the ok for margin list at the fed doesn't mean that a broker is required to allow borrowing against it. BTW, I heard Tony helped you recoup some of your profits that Waterhouse tried to cancel. Congrats. Barb