Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.51

+6.1%

Feb 6 9:30 AM EST

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To: Tejman who wrote (7935)	9/13/1997 8:10:00 AM
From: Petr A. Gorbounov	of 70976

Tejman: you will be entitled to the share dividend and/or the equivalent split in your options (ie, the number of contracts will be doubled, while their strikes and premiums be halved) even if you buy share/options the day before the split. The difference between before and after Sept. 25 is that holders as of the record date are garanteed to have the dividends on their accounts by next trading day after the split. Those who bought after the record date might get the dividents/extra options with some (usually, a few days) delay. I learned this from comments by experienced investors on INTC and MSFT threads. PG

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