JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Warlock who wrote (1700)	6/10/1998 4:33:00 PM
From: Harold Finstad	Read Replies (1) of 4230

DECLARING A CASH DIVIDEND WILL NOT CAUSE ANY SHORT TO COVER!!! When a dividend is declared the stock price is automatically reduced by the amount of the dividend on ex-dividend date. Ie. If the stock is trading at $1.50 at the close before ex-dividend. And the Company declares a $.20 dividend, the stock price is AUTOMATICALLY ADJUSTED TO $1.30. This is true whether it is IBM or TGSK. If anybody has Colin's ear, make sure he knows that.

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