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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?

To: Goinlong who wrote (936)	12/1/1999 9:29:00 PM
From: lml	Read Replies (1) \| Respond to of 2477

It doesn't work like that. Any shareholder acquiring stock b/w 11/19 and 12/20 will be purchasing shares from shareholders of record as of 11/19, directly or indirectly, & as such will receive double the number of shares pursuant to the announced split. There's no such thing as a free lunch to these selling shareholders. Similarly, the purchasing shareholders will not receive the short end of the stick.

To: Goinlong who wrote (936)	12/2/1999 12:33:00 AM
From: Hyperpy	Respond to of 2477

Who cares, I am selling before that, but you have a good point. Will get out around 110

To: Goinlong who wrote (936)	12/2/1999 8:36:00 AM
From: FUZFO	Read Replies (2) \| Respond to of 2477

Goinglong, My take on the split, I believe the shareholders of record on 11/19 just means that they count the number of shares outstanding as of that date in order to calculate (multiply x2) the number of new shares, they don't care who owns them yet on that date. If someone buys up to and including Friday 12/17 and holds over the weekend, he will wake up Monday 12/20 with twice as many shares in his account which will have 1/2 the price they had on 12/17. Of course, check for yourself as this will be my first experience holding a stock which is splitting. Regards Chuck