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To: allen v.w. who wrote (13545)	4/7/1999 11:43:00 PM
From: James Simonick	Read Replies (2) \| Respond to of 40688

Message for the real longs. In the past it was discussed that we longs, as a group, by taking certs would hamper shorting efforts. This was never comfortably resolved, the major disadvantage being inconvenience and liquidity of transactions in case of unforseen trouble. I have some accounts in American Express and upon asking about local safekeeping, have been informed that their brokerage "does not make a market on any exchange, and only has shares on hand for their customer accounts, therefore shorting cannot occur from customer accounts". Can anyone else confirm or deny this? Trade executions are a phone call away, although they are a full commission brokerage. This might be, at least in principle, a valid solution to meeting both the objectives of liquidity and defraying a base of shares for shorting. If so, is anyone willing to move to such a situation (simple yea/nay PM recommended)? Constructive thoughts, please? FOCUS + PREPARATION + EXECUTION = RESULTS -Jim

To: allen v.w. who wrote (13545)	4/7/1999 11:45:00 PM
From: Ted M	Read Replies (1) \| Respond to of 40688

Hey, Allen, congratulations! What did it take to get them to back down? Not to rain on your parade, but have you considered a broker than charges a flat fee of just 20 dollars or so per trade? I use National Discount Brokers and trade only by auto-phone, and so far, while there have been a few minor problems have been pretty happy. Each trade costs $19.95 regardless of the size (as far as I know) and even for OTC stocks (like PNLK). There may be some restrictions for certain kinds of trading/investments but I've had no trouble buying so far. Just a thought to save you even more money. Anyway, congrats, and best of success making a whole lot more on PNLK! Ted