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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 29 9:30 AM EST
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To: milkenshair who wrote (44371)8/9/2000 5:17:31 PM
From: James P  Read Replies (4) of 45548
 
This was DLJ response to my email.
When a company undergoes a stock split or spinoff, the stock price is adjusted in your account on the ex-dividend date. However, your account will not be adjusted to reflect the additional shares until after we receive the physical shares from the transfer agent. If you owned stock up until the ex-dividend date, then you are entitled to the additional shares of the stock. If you sold stock, it must have been sold on or after the ex-dividend date in order to receive the split or spinoff shares.

We received 207 new shares of PALM and $25.56 in cash in lieu of the fractional shares today, August 3, 2000. Because we update overnight, you will not be able to view the adjustment reflecting your additional shares online in your Positions screen and Transaction History until August 4, 2000. If you would like to sell these shares today, please contact a Trader

NDB also updated 08/04/2000.
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