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Technology Stocks : Avalon Group, Inc.
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To: caly who wrote (1384)8/30/1999 12:54:00 PM
From: Eric Fader  Read Replies (1) of 1530
 
That seems to be the way most brokerages have recorded it - replacing the "100% AHS" stock with 85% of the AHS stock and "15% multiplied by 8" (undoing the 1:8 conversion) of "Avalon escrow" or similar.

Everyone should check his or her brokerage statement to make sure the numbers add up. In one of my accounts, while creating the escrow, they sent one share into oblivion, and that missing share might be worth over $100 in a few months <g>.
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