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Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: schlep who wrote (12542)7/13/1999 3:27:00 AM
From: Rodney  Respond to of 12559
 
I have again contacted my broker E*TRADE and asked about the funds. Two weeks ago they said they had not recieved the funds to distribute and that it would take a week. Now two weeks later still nothing. I have not had a response back from E*TRADE, but I am getting VERY impatient. Could really put that money to good use. Any body else have E*TRADE and recieved untendered cash?

Rodney



To: schlep who wrote (12542)8/19/1999 1:58:00 AM
From: PaperChase  Read Replies (1) | Respond to of 12559
 
Just curious about whether you were charged a transaction fee when your UNtendered FORE shares were converted to cash?

Why did you chose not to tender your shares?

I have a cash takeout in a little known stock called EMPI. The transaction fee isn't much depending upon the proceeds I'll be getting but still Schwab may charge me $39 for the transaction. Here was their wording when I questioned Schwab about the fee:

"Generally, a fee is charged if the merger or tender of shares is voluntary and if the tender is mandatory there are no fees."

I'm not sure how to interpret the above statement. Can anybody provide insight?