Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 180.21

-1.2%

3:59 PM EST

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To: Jim Willie CB who wrote (27099)	4/15/1999 10:12:00 AM
From: engineer	Read Replies (3) of 152472

I am moving to Schwab as fast as I can, but even with that, Waterhouse is playing a game of limiting the "run on the bank" by holding up DTC's and ACATS as much as 45 days. You put the order in, they put your account into lockup and then hold it for 45 days. I would guess they feel by doing this, they can discourge you from moving in that they seize and hold all securities during this period and you cannot trade them while the move is on. It seems to just get from bad to VERY VERY worse.

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