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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: RavMan who wrote (1582)12/10/1998 4:42:00 PM
From: Colin Cody  Read Replies (1) of 5810
 
Rav, But who would buy them. Could I just sell it to a friend.
That would make sense. A FRIEND, not a relative.

The broker won't buy it because we are not sure if it will
trade again or not.

Full service firms (Merrill Lynch, Raymond James) will do this as a service

Now do I need to call the TA for the stock
or broker for certificates?

If you want the certificate you contact the BROKER. You can not get the cert sold this way in 1998. No time left.

You can sell shares to a friend at the same brokerage and write a letter to your broker instructing broker to transfer shares from your account to friend's account. This takes 24 hours to do from receipt of your letter.

Colin
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