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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: PAL who wrote (60767)8/25/1998 12:42:00 PM
From: freeus  Read Replies (1) | Respond to of 176387
 
That record date is only important if you are getting a cash dividend. Since Dell (and most growth tech stocks) dont do that it is unimportant. Anyone who buys Dell shares up to close of market on Sept 4 will see the share price cut in half and the number of shares double.

But traditionally those who buy a few days before the split buy very high and may see the "value" as far as share price goes diminish for a month or two from where they bought it.
Freeus
Dont get mad at me anyone. YOu know I love Dell. And I only said "diminish for a month or two"!!!!!



To: PAL who wrote (60767)8/25/1998 1:53:00 PM
From: SecularBull  Respond to of 176387
 
The shares are sent on the 4th to the shareholder of record on the 28th, and it is up to sellers (or the brokerage firm if held in street name) to forward the new shares to the buyers.

LoD



To: PAL who wrote (60767)8/25/1998 3:27:00 PM
From: CRICKET  Read Replies (2) | Respond to of 176387
 
PAL,
The DELL split technically occurs at the closing bell on the 4th of Sept., and if you BUY before Sept. 4th, you get "with due bills" on your ticket from broker. Your shares are processed a different way, but you get them, 3 business days after the split.

If you SELL any shares before the closing bell, Sept 4th, you do not get any dividend on those shares. (Dividend equals 2:1 shares on your owned shares.)

Cricket