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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wong who wrote (8352)5/1/1998 6:15:00 PM
From: gbh  Read Replies (1) | Respond to of 16892
 
Ben, the broker has to find those shares to borrow, so you can sell them. On a high liquidity stock, like INTC, thats easy. On a stock like KTEL, with a 900,000 share float (yes thats right, only 900,000 shares), that could be tough at times. This might have something to do with what happened.



To: Ben Wong who wrote (8352)5/1/1998 6:32:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 16892
 
Hey Ben, now I'm on bended knee thanking Datek for screwing up that short KTEL at 33 7/16. Ouch, I don't know where my head was at that day.

Barb


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