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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%4:00 PM EST

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To: Satish C. Shah who wrote (3292)1/6/1999 4:34:00 AM
From: Moominoid  Read Replies (1) of 99985
 
The news on Yahoo says that these are restricted shares that can't be sold unless you've held the original stock for more than 2 years. But a 300% dividend doesn't make any sense....

So it must be a split as Carl R says which allows long term holders to dump their extra stock. It sounds totally outrageous to me. Especially the statement that this won't affect the stock price.....

BWDIK

David
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