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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (22425)	6/16/2000 1:10:00 PM
From: MaryinRed	Respond to of 25711

Joe..thanks...it is my second largest penny holding...after EDIG...bought it originally at 1.50 a year ago.. big smile...MIR

To: Joe Copia who wrote (22425)	6/16/2000 1:14:00 PM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

ATEA info folks. this is news to me. The SOR date on dividend is for company only. these are some answers I received: Dear Investor: Thank you for choosing ETRADE. As long as your purchase the shares in your account prior to the ex date for the dividends and you hold the shares till after the dividends are paid then you will receive the dividend payment to your account. If you buy the stock on or after the ex date then you will not receive the dividends since you would have bought the share at the ex-dividend price. For further assistance, please contact us at 1-800-786-2575, 24 hours a day, 7 days a week, or go to etrade.com and visit our Help Center. You can access the Help Center by clicking on the "help" button located on the ETRADE banner at the top of each page. The Help Center provides detailed instructions, definitions, and services to assist you in navigating your ETRADE account. Sincerely, Steve Sawyer ETRADE Customer Service It's time for ETRADE (SM) Get your free @etrademail.com address at etrade.com. Case #: 000616-2766 ----------------------------------------------------------------------------------------------- In a message dated 6/16/00 8:16:18 AM Eastern Daylight Time, Copiaassoc writes: << << The record date of the ATEA cash dividend is 6/15/2000. The record date only applies to the record keeping of the company itself. T >> Sir; Thank you for your prompt reply. Regarding the statement above: If I buy ATEA on 6-29 prior to the ex-date of 7/3 and hold through the exdate, I will still receive the the cash dividend? Thank you. >> ----------------------------------------------------------------------------------------------- ------------------------------For ETRADE Internal Use only---------------------------- Reference-Id: <5504870> --------------------------------------------------------------------------------------- Dear Mr. Copia: Thank you for your message. The record date of the ATEA cash dividend is 6/15/2000. The record date only applies to the record keeping of the company itself. The ex-date is the day by which the market maker of the security will reduce the value of the stock by the amount of the dividend. Therefore, anyone purchasing ATEA before the ex-date will be purchasing it with the value of the dividend included. Anyone purchasing on the ex-date will be buying without the dividend included in the stock price. In other words, the price of the stock will be discounted on the ex-date by the market to exclude the value of the cash dividend. Any holders of record that do not hold ATEA through the ex-date are not entitled to the dividend. If you have additional questions, please feel free to write back by logging into your account and sending a new message.* Sincerely, Thomas Boykin DLJdirect Inc. Member SIPC, Member NASD. *Please do not reply to this message. DLJdirect cannot guarantee a response unless you log into your account. On the Web site go to CUSTOMER SERVICE and E-MAIL DLJDIRECT or in MARKETSPEED go to the HOME page and E-MAIL DLJDIRECT.