Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 330.48

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3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (7912)	9/12/1997 11:01:00 AM
From: r conrad	of 70976

Eric: You correctly explained the result of a stock split - i.e. that you end up with twice as many shares as you had at half your original price and the market capitalization is exactly the same....but what is the difference in a 100% stock dividend as announced? A dividend is a distribution of money or shares (in this case shares) to existing shareholders as of a certain date (Sept. 25th). If the share value goes down by half, why don't they just call it a split?? There's got to be a reason for the differentiation. Anyone know?? RC

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