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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Robert W. Popejoy who wrote (32289)2/13/2000 3:40:00 PM
From: Carl Yee  Read Replies (2) | Respond to of 77397
 
Buy anytime up to the split actually happens and you will get the post-split shares. Normally the split occurs at the close of business on March 22. Don't worry about the Feb. 22 date either, it is just a book-keeping date and only serves to confuse people.



To: Robert W. Popejoy who wrote (32289)2/13/2000 7:18:00 PM
From: Marvin Mansky  Read Replies (2) | Respond to of 77397
 
Split is counted as a dividend for holders of record as of Feb. 22nd. The split occurs Mar. 22nd. Does this answer your question?



To: Robert W. Popejoy who wrote (32289)2/13/2000 9:13:00 PM
From: Gerald Walls  Respond to of 77397
 
I need a little help. Cisco announced the 2 for 1 split
on Feb 8 effective March 22.

When is the date of record to determine elgibility for the
split stock?


When you hold your shares in Street Name through a brokerage account you can ignore the Record Date. If you buy the stock anytime before the Ex-Dividend date you will get the additional shares.

The way I understand it, the Record Date only comes into play if you physically hold your shares. If you physically hold your shares and you sell them to someone between the record date and the ex-date, then the new split shares will be sent to you because you were the shareholder of record on the record date but you are legally obligated to send the new split shares to the person that you sold your shares to. When you hold your shares in street name at a brokerage account all of that takes place behind the scenes.



To: Robert W. Popejoy who wrote (32289)2/13/2000 10:58:00 PM
From: Brian P.  Read Replies (1) | Respond to of 77397
 
"eligibility for the split stock"

??

Let me get this straight. You really think there are poor souls who buy the stock (at some very strange time) at a pre-split price and then are not "eligible for the split shares"??