BANY: Core business growth, exciting affiliations! Message Board

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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: dealmakr who wrote (3546)	12/8/1998 11:26:00 AM
From: brad greene	Read Replies (1) of 5847

David, From the press release.... Shareholders of record on Nov. 3, 1998, will receive a pro-rata distribution of the Anything Internet shares on Dec. 7, 1998. But.....is it possible that shareholders of record on Nov. 3 had to hold on to their shares until the 7th of December to get paid the dividend? If so.....then anyone who sold between those dates don't get the dividend....leaving more pro-rata shares for the holders?.......No way. I think Nov. 3 was the date when time stood still....and anyone who owned BANY got their names taken down for the dividend......even if they sold the next day....they still get the dividend. If today was the "trade without the dividend day".......then I would think BANY would be down somewhat.....This is really technical. I will make a phone call. I think I'm right.....scary, huh. bg ps. I think the x-dividend announcement was an error. I think x-dividend dates are always prior to payable dates.......not after.....unless the payable date and record date are one in the same....which they are not....in this case.

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