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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Jetter who wrote (1900)5/3/1998 12:42:00 PM
From: Dusty  Read Replies (2) of 8242
 
Scott, I too learn as I go. I would add one thing to the discussion of taking delivery of certificates.

I is never wrong to do so. However,I was told by my broker that none of the shares I hold in my account can be loaned out without my expressed approval. In order to loan them out the brokerage house has to get a signed statement from the shareholder and is paid for the use of the shares as I understand it. If there is an honest broker (no insult intended here) among us can you address this issue and if I am in error please correct me.

Soctt, I had GREAT concern on this issue and made a point of discussing it with my broker. If I ever find out this is not true I will be seeking a new firm to do business with.

There are other concerns of mine on holding onto my stocks as well, one being the Y2K problem I have been following.

Dusty :o)
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