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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Almost Blue who wrote (2052)	7/8/1998 12:40:00 AM
From: Binder	Read Replies (1) \| Respond to of 7039

You want fries with that? :-) Binder

To: Almost Blue who wrote (2052)	7/8/1998 12:56:00 AM
From: Kurt N	Respond to of 7039

In your example the $100 would be paid next week. I would consider the following equivalent: $100 bill, 5 $20 bills, ..., 10 thousand pennies. Wouldn't be too happy being the receiver of 10 thousand pennies, but it would be $100. Likewise since the split was applied, and the price remained the same when the split shares appear in my account my total equity in MIDLP would be the same as if it were implemented as a dividend. Even if a dividend were done instead of the split, I think the whole ex-date issue would also apply. I still liked your comparison to McDonald's though :-) Engine part is right on, my understanding is that the liquidating trust is for everybody who was SOR (no ex-dates involved, thank goodness!) as of the date the engine (DF-144) was gone (5-29?? day which fisher is accuses of wrong doing?? day before recision of Arcon merger??). Seems like the right/fair thing to do OR how I think it should work. This way there is a single collective effort to go after fisher. Unfortunately, reality is sometimes quite different than the way I think things should work. Kurt