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OFFICIAL THREAD ON PACKER STOCK SALE
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<blockquote data-quote="jcavhs" data-source="post: 416431" data-attributes="member: 5955"><p>I agree. I understand people being frustrated. I know I was when I saw that the second certificate didn't have my grandparents' names on it. But I also realize that we Packer fans are so enthusiastic that things probably ended up being a little crazier than the Packers, Mellon, and Wells Fargo expected. There were rumors they were going to start the sale around November 15th but due to regulatory issues it got delayed for about 3 weeks. Since they seem to be doing their best to get things to people by Christmas, that shortens their timeline by about half. Plus, they sold in 2 days about 50% more than they sold the entire offering in 1997-1998. That is a lot more volume than they probably expected to have to process. And given that this is actual stock I'm betting regulatory stuff means that processing it is a little more complicated than just printing and shipping certificates. So all that extra volume can really cause things to snowball.</p><p> </p><p>I'm know I'm lucky that my certificates seem good. It sounds like I will have a correct one for my grandparents when I get home from work today so I just need to wrap it. But even when I thought they would be unwrapping something that didn't have their names with it I was okay. They are stockholders which will make them deliriously happy. Whether they get the actual certificate on Christmas or later isn't what is going to matter to them. They are Packer fans and getting to say they own a part of their team is what is important and they will get to do that. As will everyone who has had issues with their certificates.</p></blockquote><p></p>
[QUOTE="jcavhs, post: 416431, member: 5955"] I agree. I understand people being frustrated. I know I was when I saw that the second certificate didn't have my grandparents' names on it. But I also realize that we Packer fans are so enthusiastic that things probably ended up being a little crazier than the Packers, Mellon, and Wells Fargo expected. There were rumors they were going to start the sale around November 15th but due to regulatory issues it got delayed for about 3 weeks. Since they seem to be doing their best to get things to people by Christmas, that shortens their timeline by about half. Plus, they sold in 2 days about 50% more than they sold the entire offering in 1997-1998. That is a lot more volume than they probably expected to have to process. And given that this is actual stock I'm betting regulatory stuff means that processing it is a little more complicated than just printing and shipping certificates. So all that extra volume can really cause things to snowball. I'm know I'm lucky that my certificates seem good. It sounds like I will have a correct one for my grandparents when I get home from work today so I just need to wrap it. But even when I thought they would be unwrapping something that didn't have their names with it I was okay. They are stockholders which will make them deliriously happy. Whether they get the actual certificate on Christmas or later isn't what is going to matter to them. They are Packer fans and getting to say they own a part of their team is what is important and they will get to do that. As will everyone who has had issues with their certificates. [/QUOTE]
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