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To: Lonnie who wrote (1332)10/15/1999 2:12:00 AM
From: OLD JAKE JUSTUS  Read Replies (1) | Respond to of 1567
 
Lonnie, please read this, especially the last sentence.

>>>

Mr. Brown is also banning the transfer of funds or securities by
non-resident clients to third parties. In addition, Canaccord will
officially attribute no market value or loan value to any bulletin board
issue held in client accounts. As for purchase orders, all client accounts
must have sufficient cash and non-bulletin-board equity before trade
execution. Canaccord will also only allow sales from house long positions,
and ban shorting of bulletin board issues. >>>

Just in case you overlooked it here it is: "Canaccord will also only allow sales from house long positions, and ban shorting of bulletin board issues." Note: "ban shorting of bulletin board issues."



To: Lonnie who wrote (1332)10/15/1999 11:17:00 AM
From: Francois Goelo  Read Replies (2) | Respond to of 1567
 
Lonnie: "Canaccord will also only allow sales from house long

positions, and ban shorting of bulletin board issues."


This CLEARLY means: NO MORE SHORTING WHETHER NAKED OR BORROWED OF OTC-BB's.


God, you SSB's have some problem understanding basics and only pick what suit you...

F. Goelo + + +