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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Tao who wrote (9859)	6/10/1998 5:23:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 18691

Tao, I had open shorts in excess of available cash all last month, and Datek paid me interest. A peculiar benefit, I had my money in positions all month, and got some free money. I think they changed their policy as of May 1, although I've never paid them more than $5 in margin interest, and always have gotten a credit. If I had a position long, I sure wouldn't expect to be paid interest on the principle (sp?). Oh yes, Datek is for shorters :). I really don't think many brokers would have let me short CFON, MARG, and PNDA. Barb