Can't Short AMAT

[def]

just sent a note to the treasuary group. won't hear back from them until tomorow.

 

[def]

The initial feedback I rec'd that AMAT is currently available and should have been available. They'll research what happened and hopefully fix the hole that it slipped through. EXPE however is a legitimate hard stock to borrow.

 

[bundlemaker]

I (we?) always appreciate a fast, straight answer. Makes life just a little easier every day. Thx.

 

[Eldredge]

Thanks def, there doesn't seem to be a problem today.

 

[u130747]

I like it. Truth is always good.


Bert

 

[def]

just a follow up:
without getting into specific details, the problem with AMAT had to do with the way the rate was recorded into our system (the different nomenclature had to partly do with a case when stock is lent out overseas). In any event this made the system believe that it was a hard to borrow. This is a rare case which wasn't originally included in the specs. by now the programming group should have made the changes to prevent it happening again.