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Non-Tech : Invest / LTD

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To: MythMan who wrote (5497)11/19/1998 7:56:00 PM
From: Challo Jeregy   of 14427
 
MM, amzn hasn't split yet. Just made the announcement . . .

Amazon.com announced today that it will split its stock 3-for-1.
Seattle-based Amazon.com said shareholders will receive two
additional shares for every share held on the record date of December
18. The additional shares will be mailed or delivered on or around
January 4.

Amazon.com shares have risen fourfold this year on optimism that
the top online bookseller will also dominate in other categories such
as music and videos. Shares split 2-for-1 on June 1. (The bold letters are mine)

Shares fell $10.75 to $153.34 today. Amazon disclosed the proposed
stock split after the close of trading.


May be a good play for the run-up???

challo

(Edit- add a <GGG>)
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