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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Randall Thomas who wrote (10259)11/13/1998 11:17:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 16892
 
<<Datek appears to allow more shorts (i.e. presumed availability) than even Bear Stearns, Merrill, etc. This simply does not compute. >>

You got this right. Datek perhaps did short numerous, sometimes huge numbers, unregistered shares, such as in KTEL case. They only start to clean up their act in recent weeks, and now everybody is whining about it. I actually think this is a good thing.