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To: Susan Saline who wrote (7814)2/12/2004 10:21:17 AM
From: Kelvin Taylor  Respond to of 13403
 
OT

Hey Sue
Here is a quick question and answer for stock splits:

What happens if you buy a stock after the "record date" for the split?

The "record date" means virtually nothing to the stockholder. If you bought the stock before the split, your shares will split the same day everyone else's do, regardless of the record date. You won't lose on the split.

So if you buy now you get double your shares at half the price. Now do you want to buy say 100 @ 30 or 200 @ 15? same amount of money so which is better?

All depends on what expected action is in the stock prior to and after the split. TASR soared on the 3:1 split news then leveled off. It has since jumped 10% so far today.

Best entry? I bot recently on weakness below 30 and holding. Look for a dip(if that happens) to buy say half of what you want then buy some after the split. Most likely there will be more buying at the new split price(it looks a lot cheaper then). MSCC should do well as long as SOXX and NAZ do well.