Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Y10K Crisis -- Ignore unavailable to you. Want to Upgrade?

To: Urlman who wrote (177)	8/20/1999 2:03:00 PM
From: Savant	Read Replies (1) \| Respond to of 5991

Brave new world..old stock certs can and have been sold...legally so far...the SEC has to call the majors to see what they think..so are non committal...seems to me that the auctioning might be pushing the edge. Quick thinkers though. Transactions between accredited investors would definitely be legal...however, doubt that is a stipulation of the Ebay auction site...I think eventually the SEC would rule that an auction constitutes a non-private transaction...especially on the internet. A totally defunct company's shares could be sold as collectibles though....JMHO. S. "A U.S. Securities and Exchange Commission spokesman said that depends on the circumstances. He said a person may sell securities to another person privately, even if the stock has been halted for trading. He declined to comment on whether auctioning stock certificates on the Internet would constitute a private transaction"