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Strategies & Market Trends : Shorting stocks: Mechanical aspects -- Ignore unavailable to you. Want to Upgrade?

To: Ken Brown who wrote (103)	8/25/1998 10:49:00 PM
From: Derrick P.	Read Replies (2) \| Respond to of 172

How do you short stocks like YHOO or AMZN without shorting $10,000+. My broker, Waterhouse, requires I short a min. of 100 shares and at $100/sh. + this is a very heavy position for me. Any suggestions? Thanks Derrick

To: Ken Brown who wrote (103)	9/6/1998 12:02:00 PM
From: Ken Brown	Read Replies (1) \| Respond to of 172

I'll be reporting on SIEB / SIEBR when it's all over, in about a week or so. It ain't over 'till it's over ... and it ain't over yet. SIEBR stopped trading Aug 31, as planned (though there were no trades after 8/27). I covered all but 100 shares of my position at 1/2 on 8/18 (bad move, in retrospect). I was going to call Datek on 9/1 to tell them to remove the 100 shares short entry from my account, since they expired worthless. Unfortunately, SIEB extended the trading period another month! I'd like to just cover here (1/32) and forget about it, but can't place the order, as it apparently still isn't officially trading (even though there were some trades on the 1st and 2nd). Well, it's been interesting, to say the least. Ken