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


To: Ga Bard who wrote (2790)6/8/1998 8:50:00 AM
From: Dave Bissett  Read Replies (1) | Respond to of 4142
 
I thought the last word was that only shareholder's of May 29 would get the split. If so, the P's are going to get a 33% price reduction when they split, so wouldn't it make more sense to buy more post-split? BTW, I've never been in a split before but my general impression was that in spite of SOR announcements all shareholders generally receive splits when they occur, and I believe someone posted a message to this effect previously. If this weren't true, then it seems to me volume would dry up between the SOR date and the split date for all companies. Am I wrong here?

DB