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Non-Tech : Web Street Securities (WEBS) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (188)1/9/1998 2:32:00 PM
From: Fred Puppet  Read Replies (2) | Respond to of 1339
 
Barb, I don't think you read my post carefully enough. Yes, if you deposit $50,000 they will let you short $100,000 worth of stock. However, they will take $5/share from your MMF cash and move it into the non-interest bearing short account. The lost interest on your cash may be much larger than a commission at another broker. Good luck, but keep your eyes on the cash.


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