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To: wily who wrote (11082)12/3/1998 6:59:00 PM
From: Thomas C. Donald  Read Replies (1) | Respond to of 93625
 
wily: When you are equally long and short in the same stock, there is no risk and no buying power should be required. My broker, however, does charge 10% against my buying power for such positions. Of course, when you sell your long side, the buying power requirement increases to 100% of the remaining short position..