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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: MileHigh who wrote (66138)	2/6/2000 11:42:00 PM
From: Neal davidson	Read Replies (2) \| Respond to of 152472

Schwab is even worse than Fidelity when it comes to their protectionist posture. But closing an account is not as painless as you make it seem. You have to go at least a week without control over your assets. I closed my Paine Webber account last year and I had to wait for the stock to be transferred into my main Fidelity account. If the stocks had tanked in the interim, I would have been SOL, with no way to sell. That was an uncomfortable situation. And selling the stocks and options, and depositing the cash into another brokerage account is not an acceptable alternative, as I do not want the tax liability from selling. So, sometimes it is easier to simply complain. :-)