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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (77113)12/10/1999 9:23:00 AM
From: Ellen  Read Replies (2) of 90042
 
GBIX announces stock split.

biz.yahoo.com

Friday December 10, 6:17 am Eastern Time

Globix board sets 2-for-1 stock split

NEW YORK, Dec 10 (Reuters) - Internet services company Globix Corp. (NasdaqNM:GBIX - news) said on Friday its board approved a two-for-one
stock split of the company's outstanding shares of common stock.

The stock split will be effected in the form of a stock dividend and will entitle each stockholder of record at the close of business on December 20, to receive one additional share of common stock for every one share owned.

The additional shares will be distributed by the transfer agent on, or about, December 30. Upon completion of the stock split, the company will have about 16,600,000 shares of common stock outstanding.
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