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To: H James Morris who wrote (6096)	6/15/1998 6:40:00 PM
From: Mark Myword	Read Replies (2) \| Respond to of 164684

>> William, thanks.Can you articulate on why the SEC wouldn't approve?<< If they are allowing shares to be shorted that they don't currently have in marginable accounts, to be legally lent out, then I would think that would violate the regulations or laws that pertain to short selling. I am not a securities lawyer , but I know that a short must have a borrow, and I'm merely saying it is quite odd if only one broker/dealer in the entire country has shares to lend.....since I have no firm knowledge one way or the other as to Datek's position , this is merely for discussion purposes , not an accusation. Food for thought.