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snowcloud

01/07/08 2:50 PM

#210 RE: rbl100 #208

I agree with you and hope that the powers that be do, too. I've never heard of a "firm level" roundup - maybe IRUA just made it up! LOL. They claim they've got someone with "30 years of experience" making this decision. We shall see...
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TEX

01/07/08 5:03 PM

#222 RE: rbl100 #208

Exactly...

Part of the problem is some lawyer somewhere, which the IR guy thinks is such an expert; and the TA is the other part of the problem. They say the DTC sent " a wire to all broker/dealers" advising them to notify DTC re how many shares they need for beneficial accounts, and they were supposed to do that by the record date to qualify. Buncha baloney...