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Non-Tech : Independence Savings Bank (ICBC)
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To: KYA27 who wrote (159)3/25/1998 3:39:00 PM
From: gambler2  Read Replies (1) of 246
 
The exchange ratio is the stock splits and the shareholders before get more shares (like any other split). Figure it's trading at $44 now, it'll split possibly 4-1. If you get in at $10, your pop is $4. Don't expect anything big on these second conversions. just the opposite, I would think that it would dilute the stock more. Look at HARBD, they did this last week... good luck....
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