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To: hdl who wrote (215221)	1/16/2003 9:53:24 PM
From: reaper	Read Replies (1) \| Respond to of 436258

none of the stocks we are short generate sufficient cash flow to pay a dividend <ng> you will excuse me if i don't hold my breath waiting for IBM to actually increase its payout, as opposed to thinking about it. Cheers

To: hdl who wrote (215221)	1/16/2003 9:59:02 PM
From: patron_anejo_por_favor	Respond to of 436258

Ditto what Reaper said, but I'm short a couple of stocks that DO pay a dividend, albeit a tiny one. If you're short the stock as it goes ex-dividend, you simply have the dividend extracted from yer account on the payable date. One reason not to short dividend paying stocks (the other being that if they can safely pay the divi, they're probably not gonna go down fast enough...with many exceptions)