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To: jttmab who wrote (41014)	2/23/2000 1:05:00 AM
From: The Ox	Read Replies (1) \| Respond to of 99985

I don't see how you can remove margin totally. When you short a stock, you are required to have a margin account and rightfully so. Without margin you would have to require a very high cash balance in an account to short a stock simply to cover the event of the stock going against the shorter. A stock could double or triple overnight and without margin the shorter could easily be caught without sufficient cash to cover the next buy, even though the shorter may have sufficient investments/equity to cover the loss. I don't see how you can eliminate margin?