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poiuyt20011

04/13/07 1:45 PM

#15402 RE: Dallas66 #15381

Agree. Plus I think there are plenty of shareholders that will take the time to contact brokers and will share that info on this MB. So likely, by the time you get your certs you will have a list of brokers that will take them.

The only problem I see is the brokers are famous for putting uninformed people on the end of the telephone line.

You could call almost any broker and if you talk to a $10 an hour nobody, you would likely get different answers to the same questions if you spoke to different people.

I think it would be prudent to get hold of somebody with Authority and get in writing whatever terms they have to handle your certs.

It would not be unusual to be told they will handle it and you then rest easy. You get your certs and then they say they won't handle them, setting you back to square 1.

There will be more then 1 major broker willing to handle this, I would think. The key is getting everything straight as we still seem to be getting odd answers that don't make much sense from the new TA.

First, clear up the mess and get everything right. Once done, I would think brokers would like the commission to sell your shares for you, as the commissions are considerably higher then normal. For instance, most can make trades for $3- $10 a trade. Brokers will charge more to handle the restricted certs. Possibly between $50 - $400 depending on the broker.

Why wouldn't they want handle the certs for such nice commissions? Easy money.