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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock
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To: Goinlong who wrote (936)12/1/1999 9:29:00 PM
From: lml  Read Replies (1) of 2477
 
It doesn't work like that. Any shareholder acquiring stock b/w 11/19 and 12/20 will be purchasing shares from shareholders of record as of 11/19, directly or indirectly, & as such will receive double the number of shares pursuant to the announced split.

There's no such thing as a free lunch to these selling shareholders. Similarly, the purchasing shareholders will not receive the short end of the stick.
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