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To: marc ultra who wrote (1836)10/26/1998 7:21:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 15132
 
Marc U: RE:<what might be acceptable proof of intent when selling designated shares over the net>

When I sold my 200 shares of UTEK, I did a telephone sale with my Broker, Discover. I told them to sell the shares originally purchased on 10.27 and 28, 1997. In the confirmation advice, they added a notation under UTEK's company name "VSP 10/27, 10/28/97". Imho, it seems reasonable that this will be sufficient proof of the specifically identified shares I sold. Of course, one never knows for sure until one is actually audited (hopefully never)and then you can always appeal.

P



To: marc ultra who wrote (1836)10/28/1998 12:59:00 PM
From: marc ultra  Respond to of 15132
 
Russell 2000 significantly underperforming today and is down while SP500 up. One morning does not break a trend and some profit taking is reasonable but I think if this move to the small caps is going to be big and sustainable I would prefer to see a relentless major outperformance for an extended time to start chipping money away from the big indexes into the Russell. There is too much history of fake out moves sucking money into small caps just to restart pathetic underperformance again.

Marc