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

To: FARRIS who wrote (2217)	6/1/1998 11:26:00 PM
From: SC Anderson	Read Replies (3) \| Respond to of 4142

Farris, I think you've got it. T+3 would actually be the maximum, ie max 3 days to settle. I guess that wouldn't preclude them settling sooner if they could. Ya here it is: SEC's T+3 rule states that all stock trades must be settled within 3 business days. Could be 1 or 2 or 3 days. Boy that sure gives some firms an advantage in cases like this. Guess we'll just wait and see when all the brokers settle. Steve ... looking for a faster broker