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To: NOW who wrote (83346)5/20/2007 11:34:50 PM
From: Rocket Red  Read Replies (2) | Respond to of 313529
 
So you can put them in offshore accounts and pay no taxes

That would be a good reason



To: NOW who wrote (83346)5/21/2007 12:31:07 AM
From: ralfph  Respond to of 313529
 
I get the physical quite often . The only reason I do this is to transfer PP shares or seed stock into my account . My brokerage has not got a clue how to handle small lots of 10 to 25,000 shares. So I get the physical mailed to me and transfer via my bank .
I also did this with my last full service broker , The guy pissed me off enough that I had him send me the physical , which I then moved into another account .
I got 20 g sitting in the account and wanted to turn it over into some PP paper . The jerk was not willing to bother looking and instead told me about their web site and any PP that the brokerage was handling would show up there . I have better luck knocking on doors on Howe street digging through Cc's website.

ralfphie



To: NOW who wrote (83346)5/21/2007 12:49:56 AM
From: onepath  Respond to of 313529
 
In some cases like payroll purchase plans or similar the shares are accumulated in small odd lots in a group trusted account.If you wish to sell they trade across at the end of the month on a share weighted avg. or you can have them issue you the share cert.In this case I did and then deposited it into my Direct Action acct. I could then control sales amount and price.