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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?

To: rci who wrote (628)11/5/1997 11:11:00 AM
From: Findit  Read Replies (2) | Respond to of 1923
 
JR I just got off the phone to Schwab also. My rep told me that ATPX will not show in my account for 2 to 3 weeks. He claimed Schwab must have the new share certificates in hand before my account can be updated. In the meantime I can sell ATPX short if I desire, which I don't. I will be an unhappy camper if a good selling opportunity comes up before the account update. In the meantime the value,on paper, of Lunn shares in my account will remain at 1.50 no matter what happens to ATPX.

If this typical of most brokerages, I guess I cannot complain. So far I have seen 1 post that Etrade has already done the conversion.
Anyone else had their shares converted?

Jim



To: rci who wrote (628)11/5/1997 11:18:00 AM
From: Emec  Respond to of 1923
 
RCI,
Interesting how we can get different stories from diferent people at Schwab. I was told I can trade on the web although if I call in this case, I will get my negotiated commission rate.


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