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


To: Gary Wisdom who wrote (37884)11/30/1997 5:56:00 PM
From: Susan B  Read Replies (1) | Respond to of 58324
 
<For those of you that don't seem to quite understand the split thing...>

Hi Gary and all,

I'm one of them, and was wondering a couple of things:

I sold some trading shares last week (at 32). If the price drops and I buy them back on December 1, I assume I would get the split dividend. But what happens if I buy between December 2 and 21? Would the number of shares I own still double on the 22nd? Would these shares be treated any differently from the shares I owned on or before December 1?

I've still got a lot to learn, so any input is appreciated.

Thanks, Susan



To: Gary Wisdom who wrote (37884)11/30/1997 6:00:00 PM
From: Richard Smith  Respond to of 58324
 
i understand the split alright. what i am saying is that people are starting to buy it just because of the split that will take place on december 22. and less people are going to get rid of their shares just because they want to play the split.



To: Gary Wisdom who wrote (37884)11/30/1997 9:46:00 PM
From: Dale Stempson  Respond to of 58324
 
Gary, I agree with you that the December 1 split record date will be a non-event.

Regards - Dale



To: Gary Wisdom who wrote (37884)12/1/1997 1:00:00 AM
From: stuart harris  Read Replies (1) | Respond to of 58324
 
Gary,

Another question about stock split. The Nov. 12 announcement
from IOM states that the split will be distributed to stockholders
of record on Dec. 1, 1997. Why would those after that date
get the split?

Thanks, Stuart