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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: PartyTime who wrote (8681)6/11/1998 11:23:00 AM
From: Jon Tara  Read Replies (2) | Respond to of 18444
 
"Now, as I recall--and I've been around a long time on this thread--whatever statements (or assertions, as you call them) that were made, regarding wh would happen to the ESVS share price after the dividend, were theoretical at best. "

Your recollection is flawed.

Several individuals stated quite emphatically that ESVS shareholders had, in fact, doubled their money when the stock dividend was issued.

They didn't say "I think that ESVS shareholders might have doubled their money". They said that they did.

They spoke of it in the past tense. (Not realizing - due to an incorrect press release that was later corrected - that the dividend hadn't even been issued yet.)

Several people insisted that a stock dividend is different from a split, and that when a stock dividend is issued, the price of the stock does not go down.

That kind of mis-information is dangerous. I pointed it out at the time, and was laughed-at for it.