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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Fli-by who wrote (1888)4/1/1998 7:08:00 AM
From: Magnifique  Respond to of 21876
 
Fli- by ! to answer your,s all well as multiple similar questions,I will simply explain....LU split PAYABLE on 4/1...which means 4/1 will be the last day,when somebody can by the stock at full price... next day after payable date ......everybody will have twice as much shares at 1/2 price....... of course they trade when issued stock for the last few weeks.......,so anybody can buy it anytime already, symbol LUw price will even out tomorrow.... Hope it help,s, Good luck ..Magnifique



To: Fli-by who wrote (1888)4/1/1998 8:24:00 AM
From: Sawtooth  Respond to of 21876
 
<<Doesn't the stock split Thursday morning?>>

(Blush - Blush!!!) Fli-by, I think you're right. It's as of close of market today (Wed.). No wonder my WAG model was off by 1/4 point. I spent all night trying to find the error only to find out I was off by one day. Oh well, nobody's perfect.! ; )



To: Fli-by who wrote (1888)4/1/1998 11:11:00 AM
From: LWolf  Respond to of 21876
 
Fli-by - there may have been some confusion by the folks because you mentioned that all guesses had to be in by 3/30 or 3/31 (I don't remember which one). But the winner would be based on the number at close of trading today. Right?

Right now it's at 129 3/8 (pretty close to 129 1/2), but no telling what can happen in the next 5 hours.

Laura