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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: John D. White who wrote (12598)3/14/1998 2:23:00 PM
From: Quad Sevens  Respond to of 31646
 
I know that some brokerage-firms pay interest on short-sales. Zebra is also right that there are certain basic rules on margin set by the Federal Reserve; brokerage firms then layer their own policies on top of those. The latter can vary widely (as we've seen with recent marginability problems with TAVA).

Why the "guns at dawn" language, John D. White? Zebra is a valuable, trusted, courteous, and long-time contributor here.

I also note that you are an engineering consultant and that WNDR is on your list of favorite stocks. Perhaps you could give us your views on the embedded y2k problem on the factory floor, WNDR, TAVA, and related subjects?

Wade



To: John D. White who wrote (12598)3/14/1998 6:39:00 PM
From: Karl Drobnic  Respond to of 31646
 
Zebra's right. How short interest is treated in an account is a matter of brokerage discretion. As in all things Wall St., the bigger and more powerful get the best deals. Most people don't get Zebra's deal, so most people can't do the kind of arbitrage Zebra describes. Also, as Zebra notes, he was just illustrating a point.


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