Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eski who wrote (32307)	2/14/2000 9:10:00 AM
From: Nick	Read Replies (2) \| Respond to of 77397

Here's what is confusing to me...take this announcement by today QQQ: "WASHINGTON, Feb. 14 /PRNewswire/ -- The Nasdaq Stock Market© today announced that the Board of Directors of Nasdaq Investment Product Services, Inc., the sponsor of the Nasdaq-100 Index Tracking Stock(SM) (Amex: QQQ - news), has approved a two-for-one stock split. The payment date for the stock split will be March 17, 2000, payable to stockholders of record on February 28, 2000." What is this saying? That if you become a shareholder on or after Feb. 28...you won't particpate in the split. My reasoning is obviously wrong, but what's the signifigance of that Feb. 28th date? Thanks, N

To: Eski who wrote (32307)	2/14/2000 9:45:00 AM
From: Brian P.	Read Replies (2) \| Respond to of 77397

It's amazing, just amazing how many people can't seem to understand a simple thing like a stock split. I've never seen such a simple thing so perennially, comically misunderstood by so many. Amazing. The issue never goes away--always some ninny who pops up to warn us all about not "losing out on the split". Who in their right minds can think you lose half the value of your investment if you buy at some very weird time before a 2-1 split??!?!