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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (12916)	8/10/1999 1:35:00 PM
From: Augustus Gloop	Respond to of 30916

I didn't say you couldn't borrow it. <<And what I did is perfectly legal.>> I didn't say it wasn't here is what I said Not totally true. A firm has the right to set it's own rules in the area of maintenance requirements but you MUST be able to borrow a stock to short it.

To: Rajiv who wrote (12916)	8/10/1999 1:59:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 30916

Rajiv and Naz...appreciate the help trying to understand this. My broker is telling me that it's a RegT requirement that IPO's are not marginable for 30 days, and therefore cannot be borrowed. How can you borrow the stock? Thanks again guys. Didn't mean to start an arguement...sounds like at least I am going to learn an valuable lesson here. I would have shorted NTOP on day 1, and would likely short at anything over 20...at least at this point in time. FWIW, covered my AMZN short again for now. I think we may have a small rally in store over the next day or so. sf