Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Binder who wrote (1150)	5/27/1998 4:31:00 PM
From: Galirayo	Respond to of 4142

Binder, That's my understanding as well. You can either Take Delivery of them ... Or ... Loan them to your Broker who is Holding them for you. ... or ... Exercise Them. My Ws will go for a Walk. Ray Disclaimer: Fine Print Reading ... is important when you open a Brokerage Account. Read Yours. They are all different in one way or another.

To: Binder who wrote (1150)	5/27/1998 4:55:00 PM
From: Islander	Read Replies (2) \| Respond to of 4142

Just spoke to Pershing (NDB) re cash accounts/warrants. If you have any security (stock/warrant) in a cash account it cannot be loaned out. Interestingly, the spokesperson also said that a warrant is not a marginable security, therefore could not be loaned out for shorting anyway. As for the record date/settlement date brouha, you can buy up until the record date, but have to hold the security through the ex-dividend date in order to receive the dividend; but as of this time Pershing had no official notice of of an ex-div date for this security nor a record date. Sorry to muddy the waters further, if I am, but there you go..I have tried to reach Arcon twice for clarification, but still have not had anything confirmed. The press release is it, I guess for now i.e. record date is 29 May, ex-div date not mentioned. Personally, especially at these levels, the P is the deal of the day anyway, with or without the dividend, so I would just buy it!