TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote ()	6/13/2000 4:29:00 PM
From: PROLIFE	Read Replies (3) of 150070

Would anyone care to give me a non-binding opinion on something? My sister, who works for Sears, had the option to buy several hundred shares of Sears(S) stock at a discounted price, and could then resell at whatever the daily market was. When the stock was nearing 39 recently, she decided to sell 100 shares and went to a full service broker(who shall remain nameless for the time being) and set up the deal to buy and sell. Well a week or so later she got a notice from Sears showing that she had purchased the stock, and she expected a check, but instead got a stock cert. for 100 shares, which she took to the broker. They told her Sears had messed up and by then the market price had slipped back to 33-34 range, and she said to wait a little to see if it went up. NOW she gets a call from the broker that she needs to pay a 200.00 "maintenance fee" while they are waiting for a share increase. My questions are, should the brokers hand be called for not completing the deal(they blamed it on Sears) and if she is paying interest on the money borrowed and paying commission for them to buy and sell, does this "maintenance fee" sound right?? Thanks for any info.

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