Wind River going up, up, up! Message Board

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Technology Stocks : Wind River going up, up, up!

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To: william binder who wrote (4163)	1/30/1999 3:26:00 PM
From: Stock Farmer	Read Replies (2) of 10309

Split in the form of a "stock dividend". "The record date for the split will be Jan. 19, 1999. Certificates evidencing the new shares will be issued on the payment date of Feb. 4, 1999." Person A holding 2000 shares on the record date (Jan 19) at $48ish a share gets a dividend of 1000 more shares on the payment date (Feb 4). Their stake of $96,000 remains unchanged by the split, but they now hold 3000 shares. So I make $32 the split adjusted price of Wind as of Jan 19. We're a buck above this, so there's nothing for Wind CFO to comment about. Quit whining.

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