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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (30813)	8/9/1998 12:55:00 PM
From: Knighty Tin	Respond to of 132070

Jim, It is possible, but very difficult. First, all shorting is limited to load funds, as the no-loads are generally held by somebody like Bank of New York and not leant out. But load funds are often held in Street name by brokerage firms and if the clients have margin accounts, you can borrow them. Still, it is a tough row to hoe as you have to have a broker who not only has that particular fund in stock, but has it in a margin agreement and is willing to lend it. Also, the brokers are very stuffy about paying interest rebates on mutual funds, as opposed to regular stocks. So, it is possible but it is not probable. MB