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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (153681)	5/10/2013 6:00:24 PM
From: david1951	Respond to of 213182

Thanks, Moon! I can't believe I asked that because I see DRIP fractional shares assigned on stocks every quarter and they have no effect on stock price. I guess the stock might be viewed by as being worth less, due to the reduction in cash from the dividend payout, by anyone analyzing the company. At any rate, I'm ready to see Apple resume it's upward trend based more on the company's fundamentals and the growth and depth of the Apple ecosystem.

To: Moonray who wrote (153681)	5/11/2013 10:55:53 AM
From: david1951	1 Recommendation Read Replies (2) \| Respond to of 213182

"On the ex-dividend date, the stock price is adjusted downward by the amount of the dividend by the exchange on which the stock trades. For most dividends this is usually not observed amidst the up and down movements of a normal day's trading. It becomes easily apparent, however, on the ex-dividend dates for larger dividends, such as the $3 payment made by Microsoft in the fall of 2004, which caused shares to fall from $29.97 to $27.34." See paragraph under Price Implication. This was a surprise for me, but at least I know now that I wasn't just having a senior moment. :) investopedia.com