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To: Pugs who wrote (17899)5/18/1998 9:08:00 AM
From: Magic RN  Read Replies (1) | Respond to of 27968
 
Pugs:
Can you comment on putting your shares in SAFEKEEPING?
I think on PKGP they were talking about this as an alternative to mailing your certificates to you. In stead, place in safekeeping, still accomplishes the same purpose but one has ready access to trading this way.
The shorts cannot get hold of your shares in either case and it creates havoc with the MM's. GOOD!
Carole



To: Pugs who wrote (17899)5/18/1998 9:58:00 AM
From: John Maddison  Read Replies (2) | Respond to of 27968
 
Pugs

How many share certificates would be needed to have an effect

1 million
5 million
10 million.....

I'm sure there are 1-2 million with SI investors alone.I wonder if the company would support such a move.

John



To: Pugs who wrote (17899)5/18/1998 5:25:00 PM
From: dave brown  Read Replies (1) | Respond to of 27968
 
With all respect , you're quite wrong. Even if your shares are on the books of a brokerage firm (street name), the brokerage firm CANNOT lend your shares out if they are fully paid for (not margined). If you dispute this you are throwing brokerage operations into your mix of illegal activity. This is my last post, probably.