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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Jung who wrote (40056)3/19/1998 9:15:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
<iSo, if I short some stock then the funds collected would count against the borrowed funds
in margin purchases?

Greg,

The funds collected are not credited to your account. The brokerage house keeps them and uses them as they wish. Do you like that????

Glenn