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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: * Thumper * who wrote (4915)	5/14/1999 11:19:00 AM
From: dowen	Respond to of 108040

Don't know about the name change on GRPV will do some checking if anyone knows now save me some time please.

To: * Thumper * who wrote (4915)	5/14/1999 11:30:00 AM
From: vagabond	Respond to of 108040

GRPV changes to TXCI on Monday -- and there's already an active Si thread set up under the new symbol. *** Might want to NOTE that symbol/name-changes CAN temporarily complicate electronic-trading with some brokerages. For instance, it's not possible to place an electronic order for a name-changed stock thru Schwab until the company formally gives Schwab the relevant paperwork (which can take from a few days, to a couple of weeks), and the new symbol-name show up on your "Positions" List. Until then, Schwab will place orders by telephone for the Web-commission-rate (if you ask) -- but if a sell-order does go through in that situation, the proceeds may not actually be released into your account until the name/symbol change becomes "official" in Schwab's own records. So you can't count on having those funds immediately available for other purchases. Don't know if other brokers have the same policy -- just wanted to warn you to check on your own broker's practices in this regard... Vagabond