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To: craig crawford who wrote (4812)1/25/1998 3:52:00 PM
From: Mama Bear  Respond to of 10479
 
>>>Maybe it was the people who engaged in private placements. Aren't they legally allowed to engage in short sales with MM's to hedge their positions?<<<

I can't answer that, because I don't know one way or the other.

It seems that it's allright to short below 5 in Canada, remember that fellow on Roger's that was doing it? Perhaps there are other places (Cayman's etc) that will allow it.

Barb


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