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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (1357)	6/10/1999 1:49:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 2076

Mshater, no, I've never attempted to trade a BB in my life. This only because the BB is such a minefield. But to your dilemma: It seems to me that if Waterhouse accepted an order to short sell the stocks that you place in good faith that they should not 'pocket the difference'. If, however, you sold the shares from type 1 checking 'shares not at Waterhouse' I wouldn't see any recourse. If I were you I would first call my branch manager and have a nice heart to heart. If that doesn't work, a call to the compliance dept in New York is in order. If the branch manager gives you the run around you might say, let's see, is 212-806-3500 still the number for compliance, and is Arnold Feist still in charge? #reply-6541786 Barb

To: Pink Minion who wrote (1357)	6/10/1999 7:02:00 PM
From: Mr. Pink	Read Replies (1) \| Respond to of 2076

you must retain an attorney....Anthony at Pacific has a few good ones. That is criminal...You need to write a letter with a copy to the SEC, NASD articulating the problem and demand that they pay you your profits.....Waterhouse are criminals taking advantage of you. GOOD LUCK

To: Pink Minion who wrote (1357)	6/10/1999 8:15:00 PM
From: rogermci®	Respond to of 2076

Just for the record, I've had a short removed from Brown and Co account and I had a loss in the stock. They said they made a mistake and were unable to borrow the stock. I told them to be my guest and as far as I know they ate the loss.

To: Pink Minion who wrote (1357)	6/11/1999 8:37:00 AM
From: steve host	Respond to of 2076

I agree with Mr. Pink -- write a letter to the compliance officer at the brokerage as well as the NASD - you will get your money.

To: Pink Minion who wrote (1357)	6/11/1999 2:04:00 PM
From: dumbmoney	Read Replies (1) \| Respond to of 2076

Give 'em hell, mshater. You were robbed. Since all short sells at WH are approved by a human being, who is responsible for checking availability, if anything "illegal" was done it was done with the full approval and knowledge of WH.

To: Pink Minion who wrote (1357)	7/3/1999 5:55:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2076

MH; Have you gotten any satisfaction on the short sales yet ? When you shorted was it at market ? Did you save the conformations ? ----------- Did you own the stocks or did they borrow them , if borrowed then I understand the lender can call them at any time. I don't think any one guarantees any stock you borrow can stay borrowed, but I'v never had this type problem. And I'v never tried shorting a BB stock. ------------------- About all I short is the QQQ or SPY or MDY. Jim