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Non-Tech : ETRV (ETRAVNET.COM), a major new travel entity

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To: CBurnett who wrote (18)	12/13/1999 12:08:00 AM
From: vagabond	Read Replies (1) of 21

Just one more note on this... Certainly everyone who finds themselves actually facing a problem here will have to deal with it in their own way. But be aware that IF your brokerage claims you are "short" on shares (sold shares you didn't have), it MAY very well take action without your knowledge or consent to sell OTHER securities in your portfolio, to raise cash to buy-back the "short" ETRV shares (brokers usually claim the right to do that kind of thing, and it's probably even in the fine-print of your brokerage-agreement). You may object all you want -- but IF the brokerage does this, it may complicate your personal situation far beyond where it stands now (you may have shares of other valuable securities sold-off "behind your back", and then have to deal with THAT problem on top of the original PLEX-ETRV mess). So the bottom line may simply be to remain vigilent, make sure you know what (if anything) your broker may be doing, and act in whatever way causes you the LEAST problems in the short-term while you figure out your long-term options. Obviously, I wouldn't advise that anyone ASK their broker about this whole situation for risk of prompting problems that otherwise may be overlooked. But everybody should at least be PREPARED for possible trouble... Again, good luck to any and all who may be affected... Vagabond

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