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To: Dave Shares who wrote (243)	11/25/1997 5:28:00 PM
From: Judith	Read Replies (3) \| Respond to of 602

My experience with DTC transfers.... I have transfered different stocks from my Smith Barney account to Farsight using DTC transfers. After sending a fax to Smith Barney with the required information, my stocks have all been transfered in about 3 days. I also have an account at Paine Webber. I called to tell them I was faxing over a request to transfer a stock to Farsight using a DTC transfer. The broker's assistant, insisted Farsight had to initiate the transfer. I told her she was wrong and finally talked with the broker. He also was unaware of the DTC transfer, but after I told him I do it with Smith Barney, he backed down and said if SB does it then Paine Webber must be able to. I faxed my request and will see if the transfer gets done. If your broker says they don't do it, insist on talking to an operations manager. There may be some situation that I am not aware of where doing this kind of transfer is a problem, but at this point, I intend to request Farsight to do DTC transfers for all the stocks in all my accounts to NDB, at the end of the year. Judith

To: Dave Shares who wrote (243)	11/25/1997 10:42:00 PM
From: mtnres	Respond to of 602

They have to make a special request to the DTC as I understand it and the DTC is just not set up to handle that kind of volume along with it's regular business and everyone that changes accounts "emergency" transfers. I used to do contracted work to the DTC and SIAC unrelated to trading but just keeping their equipment running and they are not a big operation as computer rooms go. That is why is takes a special request and the houses do it the slow road otherwise, as far as I can tell.