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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Tae Spam Kim who wrote (37435)	6/2/1999 7:37:00 AM
From: eims2000	Respond to of 122087

Tae, There is no 30 day IPO rule, Brokers set their own rules and ETrade decided 30 days. Actually some will allow you to short as soon as it can be borrowed, usually the 2nd or 3rd day. Also look at the "Trading Desk" thread, there are a lot of good topics like this discussed over there. Subject 15612 Good Luck rhansen

To: Tae Spam Kim who wrote (37435)	6/2/1999 9:26:00 AM
From: Mama Bear	Respond to of 122087

Tae, was Etard involved in the IPO? There may have been some rule because of that. I don't know, I just assume that Waterhouse is in compliance with everything that needs to be complied with when they execute a trade. Particularly approving a short sell, about which they are very anal retentive. Barb

To: Tae Spam Kim who wrote (37435)	6/2/1999 9:37:00 AM
From: Fast Eddie	Read Replies (2) \| Respond to of 122087

Tae Kim, re: shorting IPO's. Maybe I can help. IPO's are not marginable for 30 days but they can be shorted anytime shares can be borrowed. So usually the problem is that IPO shares can't be borrowed, hence they can't be shorted. How do you unmarginable shares get margined and borrowed? A customer can move IPO shares to his/her margin account after they are purchased in cash account and paid for. This makes them rare and hard to borrow, but not impossible. I got 200 shs ETYS on my request for 500. I hope this helps. Eddie