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To: K. M. Strickler who wrote (36495)4/3/1998 11:10:00 AM
From: ratan lal  Read Replies (1) | Respond to of 176387
 
Ken

I saw the following today ......

Mar. 10, 1998, NBTY Inc. (Nasdaq:NBTY - news) said its board declared a three-for-one split on common, payable April 3 to holders of record March 23.
Following the split the company will have about 60,000,000 shares outstanding.

1. Has NBTY already split or will it split after close today.
2. How can they pay on April 3 to holders of record on Mar 23. Do the buyers from Mar 23 to april 3 buy at the split price

ratan



To: K. M. Strickler who wrote (36495)4/3/1998 11:14:00 AM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
** OT **

Ken, I know for a fact that the tax rate on a Roth roll-over is not locked in. The good part is that we will probably see a tax reduction soon. The bad part is the uncertainty.

Regards,

Paul