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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?


To: BostonView who wrote (1513)2/28/2000 12:00:00 PM
From: Scrapps  Read Replies (1) | Respond to of 2882
 
That's something I never have understood. All I know is one should have their shares in their account the day before the split and keep them until the open on the day it splits. Based on past experience. I usually hold for sometime after the split in order to realize good profits.



To: BostonView who wrote (1513)2/28/2000 2:58:00 PM
From: Lane3  Read Replies (1) | Respond to of 2882
 
Boston, I haven't posted here before because I have only a marginal grasp of ADI's technology, but I've been through enough stock splits to know that the record date is a non-event to the shareholder. It doesn't matter when you purchased your shares, you still get the split come the distribution date. The machinations it takes for the brokerages to get the split shares from the holder on the record date to the holder on the distribution date should be invisible to the shareholder. Worst case would be a bit of a delay showing up in one's account.

I agree that there's been some strange action lately in the share price, but I don't see how the record date could be a factor.

Karen