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.

Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: Diogeron who wrote (1326)	2/11/1998 12:00:00 PM
From: DWB	Read Replies (2) \| Respond to of 5390

Yup... 200 at $20, but the underlying stock value (I think it's 2.5 kronor) will not change. Usually, companies divide the underlying value in half, and give you both halves... in this case, Ericsson is planning on giving you an additional share with a 2.5 kronor value to go along with your old one. The additional money for the shares are coming out of company funds. The vote will come in March at the annual meeting. Assuming it gets approved, it will probably have a record date in April or May. DWB