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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?

To: gial who wrote (523)11/17/1999 1:39:00 AM
From: Nelson Chang  Respond to of 2110
 
Gial,

That is weird. I haven't heard of that scenario.

But to my knowledge, the only thing that is important to the individual investor is when the stock will actually trade w/ the split. Basically, you don't have to be concerned w/ it as I'm assuming you don't hold your stocks anyways, ie. Schwab or your brokerage does.

I've never heard of anyone who got "ripped off" because he didn't buy it at the proper date, whether it be settle date or whatever.



To: gial who wrote (523)11/17/1999 6:55:00 AM
From: Patsy Collins  Read Replies (2) | Respond to of 2110
 
ARBA will be 'halved' on 12/20. That will be the "ex-date".

ADR's like TMIC have "payable dates" much later than the "ex-date" due to currencies exchanges by its clearing banks. In TMIC's case, the "pay date" is 11/19, nearly 2 months after the "ex-date".

For american co's the "pay" is usually before the "ex". For ARBA, the "pay date" will be 12/17.

Patsy


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