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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 117.19+30.4%Nov 24 3:59 PM EST

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To: Im-patient who wrote (5787)5/19/1999 12:08:00 PM
From: Susan G  Read Replies (1) of 28311
 
Fred, Buying now will give you rights to the split shares IF you hold them through the ex date, which has not yet been set. If you sell, the split shares will go to whoever buys those shares and holds through that date. In other words, if you buy the shares the day before the distribution of the split shares, they will be yours. Either way, you own the same amount of investment $ in the company, now or later. It's like taking a piece of paper. Right now you own the whole piece. On the ex date that piece will be torn into 3 pieces. You still have the same amt of paper.

The date of record really means nothing if you don't hold the stock through the ex date.
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