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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Gary Wisdom who wrote (35243)11/12/1997 5:24:00 PM
From: Brendan2012  Read Replies (1) | Respond to of 58324
 
>>Stop dwelling on the past. Iomega is for real.<<

I know that, of course. I have a LOT in IOM! I didn't say that IOM would drop after the split like last time, just that I'm surprized that they did after what happened the last time. I might expect them to be a little more nervous about splitting. I would have thought they would want to get the stock up to the $80-100 range before the next split. Stocks up at that price range just seem to get more respect by the street.

Brendan



To: Gary Wisdom who wrote (35243)11/12/1997 5:25:00 PM
From: jackson  Read Replies (1) | Respond to of 58324
 
Gary,

Pardon my ignorance, but I was confused by this statement:

Wednesday announced that its board of directors approved a 2-for-1 stock split, to be effected as a 100% stock dividend.

What do they mean by 100% stock dividend. If I owed 1000 shares would I then own 2000 shares after split or would they pay in dividends?????

Jack D.