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To: TGPTNDR who wrote (103227)10/18/2003 5:43:25 AM
From: AK2004Respond to of 275872
 
TGPTNDR
re: I can't recall ever asking for settlement rather than delivery, but I'm pretty sure I remember being told that if I did ask for settlement the price I'd receive would be Opening price the following Monday.

that actually makes sense. Your broker would receive shares and sell them in the open market. If the request would get in after closing of the market on Friday then the only guaranteed price would be at Monday opening.

Regards
-Albert