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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Hoffman who wrote (29895)	4/14/1999 9:27:00 AM
From: Mama Bear	Read Replies (1) \| Respond to of 122087

Anthony, you could have worse problems than having CYOE go out of business. <g> If CYOE does go completely belly up, you get to keep all the money, and will not have to return the shares. At some point in time the Fed will declare the shares 'substantially worthless, and you will owe taxes on the profit. Before this happens, the shares will likely trade on the 'pink sheets'. Some folks here make reference to the 'gray market'. I have no experience with that. If CYOE is halted, this is more problematic. Most brokers will value your position at the 'last trade' and your buying power will be tied up in the interim. The halts I have watched have lasted between 2 and 6 months. These were SOLV (1997), PLSIA (1998), and TRBD (1999). Two resulted in delisting, and one (PLSIA) did not. PLSIA's was the longest of the three, due to the fact that they delayed, stonewalled, and appealed. They were initially delisted, but won their appeal. All of these halts were by the Nasdaq, not the SEC. I don't believe the sample is broad enough to draw any but the most general conclusions. My advice would be to not worry about it too much. The problems you're anticipating are some folks' dreams. <g> Barb