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To: Warlock who wrote (1700)6/10/1998 4:33:00 PM
From: Harold Finstad  Read Replies (1) | Respond to of 4230
 
DECLARING A CASH DIVIDEND WILL NOT CAUSE ANY SHORT TO COVER!!!

When a dividend is declared the stock price is automatically reduced by the amount of the dividend on ex-dividend date. Ie. If the stock is trading at $1.50 at the close before ex-dividend. And the Company declares a $.20 dividend, the stock price is AUTOMATICALLY ADJUSTED TO $1.30. This is true whether it is IBM or TGSK. If anybody has Colin's ear, make sure he knows that.



To: Warlock who wrote (1700)6/10/1998 4:55:00 PM
From: PistolPete  Read Replies (2) | Respond to of 4230
 
Gundlach:

You have essentially proven yourself to be little more than the 20 year old, college kid, pump and dump artist of the future that you aspire to be. I strongly recommend that you immediately cease posting your unverifiable rumors and hype and start thinking about just how irresponsible this kind of thing really is. About the only reason you ever show yourself on this board is to hype another company or to spread wild rumors. I am warning you to stop it now.



To: Warlock who wrote (1700)6/10/1998 11:00:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 4230
 
Patrick- in addition, the shorts have to pay the dividend to the long investor from whom they borrowed the shares. Could be a double whammy for the shorts.

Victor



To: Warlock who wrote (1700)6/11/1998 2:13:00 PM
From: Randomm  Respond to of 4230
 
Kudos to ya Patrick!!!!
Even I thought you were full of it!!!!
But you just became our MAN of the week!
Good job!

Randomm