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To: rick f who wrote (3097)10/27/1999 8:16:00 PM
From: ETS/316  Respond to of 18222
 
I called up Ameritrade on this also and they said it will take from 6-8 weeks to reach me. It goes from them placing the order to a transfer agent then to me. Thats a lone time to get certs.
Now that I think about it it really did take about 2 or 3 weeks when I called in for my WCOM certificates.

O/T

Just a little piece of an article about calling in certificates, most effective on a short positioned stock.

<< Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way
companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock
certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the
creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus
they will cause losses for them and wil cause them to move their undeclared short activities elsewhere.
>>

ETS