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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 (23647)1/5/2001 7:24:34 AM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
PEDN dividend 4:1 ....

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 commonstock 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. ''