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Gold/Mining/Energy : Altair Nanotechnologies -- Ignore unavailable to you. Want to Upgrade?

To: Kailash who wrote (514)	9/25/1998 10:15:00 AM
From: Michael	Read Replies (2) \| Respond to of 603

Hi Kailash: "Buy In, no More, it has been canceled. Called Datek up and told them I am transferring my account. I simply refuse to let them buy me in. Telephone rep. has back and forth, between me and her back office. After almost 20 minutes of a very slow calm paced conversation. Datek's rep. told ,that the Buy in was cancelled. Sure is a nice day Michael :)

To: Kailash who wrote (514)	9/25/1998 12:17:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 603

Kailash, I don't think Datek is ripping people off. I believe they have played fast and loose with share availability in the past. They may have even allowed 'naked' short selling. I was able to freely borrow stocks such as PNDA, CFON, and ENML which were unable to be borrowed at most brokers. I believe that the SEC is finally catching up with them. It is not just Datek either. I understand Southwest Securities also tightened up. They used to not care if you shorted an unborrowable stock for a day trade. Now you must get cleared for every short if it's not on their preapproved list. Also, there has been a crackdown on cross guaranteed accounts that were used to short on a downtick. The reality is, playing from the short side is much more difficult than playing long. Barb