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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP. -- Ignore unavailable to you. Want to Upgrade?

To: jeric202 who wrote (363)	7/24/1998 6:43:00 PM
From: Diana	Read Replies (1) \| Respond to of 1434

I hope your co-worker is better at her/his job than at understanding stock splits.

To: jeric202 who wrote (363)	7/24/1998 7:26:00 PM
From: freeus	Respond to of 1434

re still eligible for split shares although no shares held Absolutely not! Look at it this way. Think of it as two people exchanging just between themselves. Joe sells his shares to Zach. He no longer has the shares. Zach has them. Monday the price is cut in thirds!!!!! Do you honestly think Zach will accept shares that are cut in thirds without having the other part of the equation, i.e. the other two thirds? I dont think so! The person who sold on Fri has no more interest in MSPG and that is that. The person who now owns the shares gets the three for one shares. Freeus