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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Spitzer who wrote (7286)	7/27/1998 10:19:00 PM
From: dave brown	Read Replies (1) \| Respond to of 14266

The Ex-Date for most forward splits is Payable Date + 1. Accordingly, the last day to buy (Trade Date) will likely be the Payable Date for the split shares. The stock will trade with "Due Bills" between the Record Date and Payable Date...Meaning being a holder of record entitles you to nothing. If you sell after the Record Date at the Pre-Split price, you give up the split shares. Watch out for phantom margin calls. If you have a heavily margined position, you may get a margin call if your broker reduces the price of THQ on the Ex-Date and waits to post the split shares until after the Due Bills settle.