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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 81.31+2.4%Jan 26 3:59 PM EST
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To: Im-patient who wrote (5787)5/19/1999 7:36:00 PM
From: gridiron 99   of 28311
 
Fred, I am in no way an expert, but I've been in the market for 3 years and for an extended time in the past, I used to play the split runs. You know, buy before the split date, taking advantage of the split run and sell after split. Anyway, from my own experience, you can buy up to the last day before the split and still get additional shares. The record date means nothing. I am sure it means something to someone, but not to a small investor like most of us. Usually the date of record is ONLY A FEW DAYS before the pay date. GNET's case is very rare. I don't know where some people got the idea that no additional shares if buying between the record date and pay date. I don't believe it.

I bet this confusion scares off some potential short-term buyers. I wish GNET would come out and clarify on this, but they are probably busy with running the company, and don't think much of this stock split issue. In a way, that's good.
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