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To: LLCF who wrote (23604)10/2/2000 2:10:31 PM
From: Self-Retired  Read Replies (1) | Respond to of 436258
 
<<<Tuesday September 19, 6:30 am Eastern Time

Press Release

ImClone Systems Incorporated Announces
Two-For-One Stock Split

NEW YORK--(BW HealthWire)--Sept. 19, 2000--ImClone Systems Incorporated (Nasdaq:IMCL - news)
announced today that its Board of Directors has approved a two-for-one split of the Company's outstanding
shares of common stock to be effected in the form of a stock dividend.

At the close of business on Sept. 29, 2000, each stockholder of record will be entitled to receive one
additional share of common stock for each share of common stock held on that date. The stock dividend
resulting from the stock split is expected to be distributed by the Company's transfer agent on October 13,
2000. ImClone stock will trade on a split-adjusted basis on October 16, 2000. As of September 18, 2000,
ImClone Systems had approximately 32.4 million common shares outstanding. >>>

If market valuation does not change it means that stock price gonna fall to half of the current price, so it looks like a great short right now.
Irina