General Semiconductor / GENERAL INSTRUMENT Message Board

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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT

SEM 14.84

-0.7%

3:59 PM EST

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To: louis mason who wrote (79)	7/17/1997 5:02:00 PM
From: Randy Newman	of 99

Yes Louis, that is correct. My question is this... I realize that you recieve 1 - 1, 1 - 3 and 1 - 4 of the repective companies, but what happens to the actual price of the individual stocks after the split? Will NLV share price be the equivalent of GIC? Will CSCOPE be 1/3 of current GIC price? Will GSEMI be 1/4 of current GIC price? Lets say GIC stock price is at $30 before the split... Will NLV be worth $30, CSCOPE - $10 and GSEMI - $7.50 If anyone has the answer, please let me know.

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