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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Oscar who wrote (2277)	6/2/1998 11:27:00 AM
From: Ga Bard	Respond to of 4142

Here is a good site for those wanting to know about Splits, dividends, etc. Thanks SPiker e-analytics.com Note: Buying or Selling Between the Record Date and the Payment Date Many times a stock is purchased between the record date and the payment date. Keep in mind one very important thing. You will always get what you pay for. You never get more than you deserve and you never get less than you deserve. Two things may happen. First, and the more likely event, is that you will pay the pre-split price and when the payment date comes you will be credited with the additional shares. Second, sometimes the stock will trade on a when-issued basis. If this happens there are two classes of stock that trade. One class is traded with the split and one is traded without the split. The investor has to specify which series he wants. Essentially, one series is split adjusted and one is not. Sometimes an individual sells a stock between the record date and payment date. Several days after the payment date they receive the additional stock certificates in the mail. What will always happen is that they will receive a call from the compliance department or sometimes their broker, and will be told to mail back the certificates. Some individuals are insistent that they are owed the stock. If this happens the brokerage firm won't argue. They will simply tell the individual that they are canceling the certificate numbers and to use the stock as wallpaper. That's all it's good for. Thanks GB New Investor Summary Message 4683886