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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ -- Ignore unavailable to you. Want to Upgrade?


To: Brad who wrote (954)7/16/1999 2:28:00 AM
From: BIGFRED  Respond to of 1143
 
Hi Brad and all:

I asked 2 full time commission brokers and a customer service at Schwab and received 3 different answers about the DOR.

The customer representative said "you have to buy the stock on the 20th" and when i said " but it takes three days to settle". he changed his mind.

One full time broker said "you are the owner of the stock if you buy by the 20th".

Another broker said "you need to buy it 1 day before July 20th.

By the way I also paid today the most ever buying DDEQ over 5. I also was lucky (i think) buying under 5. I believe most the volume was between 5.31 and 5.625.

Fred



To: Brad who wrote (954)7/16/1999 6:41:00 AM
From: CBurnett  Respond to of 1143
 
The dividend has become a complicated issue.However,because of the OTC status of DDEQ, the CEO sets policy for a dividend. Therefore rules of the NYSE don't apply to DDEQ. The date of record is the 20th of July and thats it.