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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 43.48+8.6%3:59 PM EST

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To: Luis who wrote (17893)2/26/1998 4:23:00 PM
From: Ann Janssen  Read Replies (3) of 27012
 
Luis,

I won't advocate selling your stock either, but why do you think you need to sell them to move them to another broker?? Just request your current broker register them in your name, instead of street name as I'm sure there registered now. If they are paid for you can have the clearing house, Harris trust for intel, issue the shares to you. The broker can also issue your shares directly to you. I have all my Intel shares in my name because I participate in their dividend re-investment program (DRIP). I have some shares (actual certificates)in safe keeping at the brokerage and some shares that have actually never been issued (printed up) but are in my name at the broker.

I would also think your broker would have to transfer your shares to another broker, if you requested, without making you sell them. If not, you could take the actual certificate and mail it to the new broker. Remember to insure it and use registered mail when sending it.

Your old broker may not be very happy with you for pulling them out of you account that way but it works.

I would call Harris and ask their advice, they will be more than happy to help you. Their number is 1-800-298-0146, listen to the prompts and get a real person on the phone.

If you are intending to hold on to them also ask for some info about their DRIP, Intels is one of the best around.

Hope this helps, but PLEASE talk to Harris so that you know your rights as a shareholder.

Take Care

Ann

P.S. Good luck and Let us know what happens.
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