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

To: RockyBalboa who wrote (23631)	1/2/2001 8:22:14 AM
From: Joe Copia	Read Replies (2) \| Respond to of 25711

PEDN might be a play for the week. 4-1: dividend should move it nicely. Record date is tomorrow Jan 3rd. (Jan 8th last buy day.. see below.) PediaNet.com Clarifies Stock Dividend Record and Distribution Date BROOKLYN, N.Y.--(BUSINESS WIRE)--Dec. 29, 2000--PediaNet.com, Inc. (OTC BB: PEDN ), a premier provider of pediatric healthcare information sciences, today announced that the company has received several calls from interested parties stating that the previously announced change to the record and effective date of the 4-for-1 dividend of the company's stock was confusing. Steven Richter, President of PediaNet, clarified PediaNet's previous press release by stating that "the record date of the stock dividend declared by the Board of Directors on December 18, 2000 is January 3, 2001. The payment date of the dividend shares will be January 8, 2001. Shareholders of record including those shareholders who purchase shares of PediaNet's common stock up to and including January 8, 2001 will be entitled to receive the declared dividend, i.e. three (3) additional shares for every share then owned of record. The dividend will be reflected in the share price at the beginning of the trading day on January 9, 2001. "