SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goinlong who wrote (936)12/2/1999 8:36:00 AM
From: FUZFO  Read Replies (2) of 2477
 
Goinglong, My take on the split, I believe the shareholders of record on 11/19 just means that they count the number of shares outstanding as of that date in order to calculate (multiply x2) the number of new shares, they don't care who owns them yet on that date. If someone buys up to and including Friday 12/17 and holds over the weekend, he will wake up Monday 12/20 with twice as many shares in his account which will have 1/2 the price they had on 12/17.
Of course, check for yourself as this will be my first experience holding a stock which is splitting.
Regards
Chuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext