I tendered some FWR shares and on the last day (11th) rescinded the tender and was assured it would be taken care of. Can you imagine the shock I got when on December 29 my FWR shares disappeared. To add to my shock I was shorted a share in each account. In one account I tendered 21,000 shares and surprise, surprise I got 5,999 shares instead of 6000. I wrote JJ and got a very curt response to take it up with my broker re the missing share. Well, I find out that all the talk about 7:2 was not so. 7:2 implies a rate of .285714285 and the rate used was .2857. Here is another example of integrity. I'm an accountant and I like round numbers, I don't want 5,999 if I should have 6,000.

I was also surprised that JJ did not offer a welcome aboard comment (even though I hold plenty of NOT). I sure hope they plan to treat the tendering FWR people with a little more diginity. God knows we've been hammered in the pocket book (now down almost $1.50 per share on the exchange). Once again, $crew the little retail guy.

BB