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Technology Stocks : JDS Uniphase (JDSU)
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To: pat mudge who wrote (6815)2/27/2000 6:09:00 PM
From: David Graham   of 24042
 
Pat,

I don't know the precise details but I do have a rough understanding of the timing difference. Generally, it is because the U.S. and Canadian brokers have long had different procedures for handling splits. The Canadian markets start trading post-split after the record date of a split, even thought the payment or delivery date can be 7-10 days away. The U.S. practice is to trade post-split on or about the devlivery date, rather than the record date. In this case, I'm betting the delivery date is the 10th or 11th.

If anyone has additional - or more correct - info, please let me know.

David
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