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Non-Tech : Old National Bank, Evansville, Ind.(OLDB)

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To: Bruce McGaughey who wrote ()12/16/1998 1:32:00 AM
From: Bruce McGaughey  Read Replies (2) of 47
 
Dividends of 0.23 go out today.
I'm writing this at 12:30 am, 12-16-98.
If you're reading this wondering why this stock went up
today, it was because of the DRIP program.
There is a lot of participation in the DRIP program.
There will be another big event in January when the company
kicks out it's annual 5% div. (21/20 stock split).
There are just not a lot of shares out there and the DRIP
program eats up whatever there are floating around.
I have no insider knowledge, but I bet we'll see a split sometime this year, too. OLDB hasn't had a real split since '87.
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