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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: LemonHead who wrote (9631)	12/20/1999 8:16:00 PM
From: SAM	Read Replies (2) \| Respond to of 18928

Hi Keith, Mutual Fund distributions can be made with new shares of stock. If that is the case, update Newport by bringing up the fund in question, then click on the Maintenance window, then enter the TOTAL number of shares in the share box (total = current shares + distribution shares). If you look at the graph immediately, it may give an invalid sell signal. Go into Maintenance MENU and then click on Fix a Price then click on the fund in question. Change the latest price to the distribution price. This is how I did my mutual funds last week. SAM

To: LemonHead who wrote (9631)	12/20/1999 8:17:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Keith, Don't use the TRADE window at all for the share distributions from mutual funds. You treat them like a "stock split." Bring up the fund in question in Newport. Click on Maintenance (the guy looking under the hood) and go to the field where the # of shares are shown. Type in the new number of shares, eliminating the old number and save the results. Next, make sure the price per share for the new total is the proper one. You can do this with the "FIX A PRICE" function from the main menu and Maintenance. Now all should be well. You'll get a long vertical indicator on your Line Graph showing the distribution happened this week and next week the price and moving average lines will start again in their proper places. You're done! Best regards, Tom