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To: Ga Bard who wrote (2134)	7/8/1998 10:56:00 PM
From: jcmoore	Read Replies (1) \| Respond to of 7039

I was the poster who stated that my account has been credited with the 3:2 stock split. I have been off line since the posting, so I could not enter into the discussion. After reading all of the posts since mine, I went back and checked my account to see if the split shares were still showing? Sure enough, my 200 shares are now 300 shares of the P. I did purchase after the SOR 29 May date. My broker did indicate that the transaction was a dividend. But most brokers consider any stock split as a dividend. Like 2 for 1 is considered a 100% dividend etc. jcmoore

To: Ga Bard who wrote (2134)	7/8/1998 11:15:00 PM
From: Binder	Read Replies (2) \| Respond to of 7039

One thing can be said about Fisher, he is not a stupid man. I don't think Dan Fisher ever had any intention of paying a dividend. There are a couple of reasons I say this. First of all, if he went to the trouble to sell his home and move out of the country, it is not like he made that decision at lunchtime, and then went home and moved. He also went to the trouble to have his own T/A in place weeks prior to the "raid" on the stock. I think this was much more premeditated. He needed a diversion to keep attention off of what he was doing, so he created the "dividend". The Exxon news came a few days later, so investors were delighted and he was a hero. Then starts the process of converting his shares and making his moves. I think the guy got so caught up in his own stuff, that every time the phone rang, he probably did whatever he had to do or said whatever he had to say to get the person off the phone as quickly as possible, and get back to business. This could be the reason for the conflicting stories so many people got. In the meantime, May 29 comes and goes, and he still doesn't have all the money nor the shares sold. So, what better way to avoid the price drop expected the following Monday than to change the dividend to a split, hence requiring a X date, to be determined by NASD, and allowing the stock to retain its high price for a little longer? This gives him a few more days to finish it all up and get out of the country, and also allows him to get much of this by the T/A, as higher volume would be expected with a split and future X date. Again, the only thing he didn't count on was that there were people here who were as smart if not smarter than he was, and knew that something was not right, and acted quickly. But do not kid yourself, he is in no way a stupid man. A common petty thief could never think this thru. :-) Binder