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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: marcos who wrote (4465)3/17/2000 7:54:00 AM
From: Dave-in-Deep  Read Replies (4) of 5053
 
G'day Marcos; COMPLICATIONS CAUSED BY NAME CHANGE

Like you, I had been trading a small part of my JDX holdings but since the change to trading as ITE I cannot do anything as BMO Investorline will not recognize either symbol. I have tried many times to contact Investorline by phone but that results in endless "elevator music" interspersed with assurances that "the priority of your call is being maintained". - No live people!!!

In this morning's printout of my portfolios They have come up with a really mysterious title for my ITE holdings. They still show as JORDEX RES and the symbol is now JRRSF!!!!

While I am upset that this situation has prevented me from trading for some small short term profits there are much more serious ramifications. Where a client cannot trade a security he owns because the broker's systems are screwed up he could be exposed to disastrous losses in the event os a major decline in that stock's value. I e-mailed them yesterday evening to vent my frustration and concern but that message is probably in a line-up as long as the telephone queue.

Have you (or anyone else?) had similar problems?

Best regards, Dave
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