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Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (3345)12/29/1999 5:23:00 PM
From: Jody Ritchie  Respond to of 4722
 
We will probably received 1 share of A for every 3 or so shares of HWP sometime next May-June.

It will be recorded as a special distribution to shareholders.

The 3-to-1 ratio is derived by using the number of shares of A that HWP owns (around 400M) and the number of shares HWP has outstanding (1.1B).

Jody



To: Fred Levine who wrote (3345)12/29/1999 5:25:00 PM
From: w0z  Read Replies (2) | Respond to of 4722
 
Yes, you will receive A shares sometime this summer...I calculate .373 shares of A for each HWP share you hold.

Here's the calculation in a previous post:

Message 11980124

I believe my math was correct since I have seen investment bankers using the same number.


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