Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (93104)	11/16/2001 11:56:36 AM
From: Tommaso	Read Replies (1) \| Respond to of 132070

HI KT, Know you are not commenting on individual stocks, but I am certainly pleased so far to have got aboard USU, even if I did not hear about it when it was at the very bottom: quote.yahoo.com Merely to get up to book value at this point implies a 25% gain. That used to be considered a good two-year return, back when Ben Graham was still in fashion. And then there's the 7% dividend yield.

To: Knighty Tin who wrote (93104)	11/16/2001 12:28:07 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 132070

KT - You are going backwards on the ex-dividend date. It happens BEFORE the record date. So, the November 7 record date would be for people who bought 3 business days before that date, in the Nov. 2-4 period, depending on weekends. So, if you bought on Nov. 5 you didn't get it. Also, if you sold on Nov. 5, you did get the distribution because you were a holder of record on Nov 7. ... Yes, I noticed when I went back to look at your original reply. However, in fact it did not work out as you described. - biz.yahoo.com "Friday November 16, 9:14 am Eastern Time Press Release SOURCE: Thermo Electron Corporation Thermo Electron Completes Viasys Healthcare Spinoff Opening Trading Price for Thermo Adjusted to Reflect Share Distribution WALTHAM, Mass., Nov. 16 /PRNewswire/ -- Thermo Electron Corporation (NYSE: TMO - news) announced today that it has distributed all of its shares of Viasys Healthcare Inc. (NYSE: VAS - news) as a tax- free dividend to Thermo Electron shareholders of record on November 7, 2001. The distribution took place at 4 p.m. yesterday. Shares of Thermo Electron common stock will commence trading this morning approximately $2.50 lower than yesterday's closing price of $24.06, reflecting the Viasys Healthcare spinoff. Viasys Healthcare ``when issued'' common stock closed yesterday at $17.20. ..." This is what confused me. From what you say, I would have expected TMO to trade lower after three days before the record date. TIA, Don