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Microcap & Penny Stocks : EDII, American Int. Ind., Inc...INFORMATION ONLY

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To: ColleenB who wrote (1)7/9/1998 8:01:00 AM
From: Dynamicist   of 12
 
ColleenB--Thanks! Question on dividend

That is a wealth of information on EDII in the board header. What a fine resource for those new to this stock!

On the 10% stock dividend announced today, what is the purpose of a dividend such as this. To me it seems like just fluff from the company. While I believe this stock is going higher than it is right now it seems that for everyone who owns the stock on Friday afternoon August 28 will see it open 10% lower on Monday, August 31. Am I missing something here? Anyone?

For disclosure, long on EDII.

Thanks for your help.

D
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