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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (4897)	1/26/1998 11:53:00 AM
From: craig crawford	Read Replies (2) \| Respond to of 10479

A stock needs to be marginable to be shorted. If FIBR takes a little dip below 5 for a short itme it doesn't automatically lose it's margin status. The $5 level is more a function of your broker and their rules regarding shorting. My brokers will probably let me short slightly under 5, but I have to call them up and negotiate with the margin department. (In other words I have to have a certain amount of equity in my account and they have to decide if they want to assume the risk of my short). That's a hassle for me, I would rather just wait until it crosses 5.