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Politics : Ask Michael Burke

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To: wiz who wrote (80192)	4/27/2000 10:13:00 AM
From: Don Lloyd	Read Replies (2) of 132070

wiz - [[...Some guy seems to be on to it today... it took three days...]] Are you sure that you're not just seeing the three day settlement time for stock trades. I don't believe that it would be uncommon for you to sell a stock, have it removed immediately and not have the proceeds show up for three days. In the meantime, your account balance would appear to be low by the amount of the sale proceeds for the three days. This would be highly variable depending on the particular brokerage's computer system setup. Regards, Don

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