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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: Curtis E. Bemis who wrote (1141)7/20/1998 4:12:00 PM
From: SDR-SI  Read Replies (2) of 3873
 
Curtis:

There is virtually no difference to the stockholder between a 100% stock dividend and a 2:1 split.

After the payment of the dividend, there will be twice as many shares outstanding, theoretically at 1/2 the prior market price ... and with the stock then positioned to make another, hopefully upward, run.

Immediately after the payment of the dividend you will basically still own the same % of the company as you did just prior to payment.

Steve
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