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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (9238)11/15/1999 4:51:00 PM
From: OldAIMGuy   of 18928
 
Hi Keith, When you receive a buy-out of a stock in your Newport account, first bring up the stock in question. At the bottom of the page is the person looking under the hood and the word "Maintenance" - click there. You can now type in the new "ticker" symbol for the new stock and also type in the new name of the issue in the appropriate place.

If after the buy-out the number of shares changes, then also change the number here as well.

After all that is done, if the price/share is different than the pre-buyout price, then either update the price for this week (if you haven't already) with the new price, or exit to the main menu, go to "Maintenance" and click on "Fix A Price." Then click on the new "ticker" and change the price in the field.

When you go back to the "New" stock, you should see the new ticker, name, proper number of shares and the proper price. The graph will show a vertical like where the change took place (similar to a stock split) and the bar graph should look just fine.

Hope this helps.

I don't use anything but "Limit Orders" at Waterhouse. None of the "stop" features are guarantees, so they have very little value for me with AIM.

Best regards, Tom
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