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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Ira Player who wrote (2889)	4/20/1998 10:01:00 PM
From: Jack Zahran	Read Replies (2) \| Respond to of 4969

Ira, There must be a mechanism in place for determining if any shares are available to short. For example, today on CNBC they were discussing how large investors will move their positions from their margin accounts to their cash accounts so that the number of shares shortable decreases. This forces the shorts to cover since they can't settle. This to me implies a mechanism to track shorting. Maybe Steve can shed some light on this, as I am not sure... JZ

To: Ira Player who wrote (2889)	4/21/1998 1:22:00 AM
From: Robert Graham	Read Replies (1) \| Respond to of 4969

Ira, I hope you do not stay up nights thinking about this! ;) Bob Graham