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Pastimes : Investment Chat Board Lawsuits
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To: Jeffrey S. Mitchell who wrote (4105)1/24/2003 4:55:14 PM
From: Win-Lose-Draw  Read Replies (2) of 12465
 
do i understand this correctly? JAG and its ilk want to essentially require regualar shareholders to hold certs while maintaining the company's own ability to pump massive quantities of electronic shares through the DTC clearing system?

IOW, make it hard for retail shareholders to sell stock but keep it easy for the company to sell stock?

if that's even close to the truth, then DTC is doing the right thing. if companies want to opt-out, then let them opt-out.

completely.
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