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Strategies & Market Trends : Rande Is . . . HOME
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To: carepedeum2000 who wrote (28305)6/22/2000 1:25:00 PM
From: debra vogt  Read Replies (1) of 57584
 
Hope I'm not barging in here, but I am a long-term holder of Softbank. There is an excellent thread here on SI with many knowledgeable people. The split is hard to understand. The stock has been trading at the post-split price since shortly after the announcement. The way I understand it the new shares aren't credited to shareholders accounts until June 23. Therein arises the margin problem, as most peoples accounts are showing the post split price of 180 but not the new amount of shares until 6/23. This is explained much better at the Softbank site, if you scroll back to around the date the split was announced. Hope this helps and didn't just confuse you completely.:)

Regards,
Debra
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