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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?

To: Pruguy who wrote (933)	11/2/1999 12:56:00 PM
From: sam	Respond to of 1884

I'm not so sure. I find it very interesting to check the short sales listing published on the 15th of every month. Check out all the shares short of the recent (less than 30 day) IPOs.

To: Pruguy who wrote (933)	11/2/1999 2:30:00 PM
From: Kevin Podsiadlik	Respond to of 1884

it can't be legally shorted for 30 days after ipo This is a common misconception. Many brokers, especially those that clear their own trades, will allow shorts of IPOs as soon as three days after trading starts, and that is only to make certain they can obtain the borrow. A few will even let you start right on the open. Some brokers will maintain a 30-day rule but there is no legal reason for them to do so.