Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: davesd who wrote (4039)	12/31/1998 1:46:00 PM
From: Sonki	Read Replies (1) \| Respond to of 4509

what does this mean to a leap holder? i m considering taking a loss today. i hold y2k1 leaps so there is plenty of time for stock to come back... trying to decide today. tia ------------------------------------------- PeopleSoft sets record date for spin-off PLEASANTON, Calif., Dec. 31 (Reuters) - PeopleSoft Inc on late Wednesday set Dec. 31 as the record date for the planned distribution of shares in Momentum Business Applications Inc to PeopleSoft stockholders. Stockholders of record on that date will receive one Momentum Class A share for every 50 shares of PeopleSoft common owned. Certificates will be mailed on or about Jan. 15, 1999. Momentum was formed by PeopleSoft for research and development in areas of e-business and other industry-specific software. The company expects its shares to trade under the symbol MMTM on the Nasdaq stock market. PeopleSoft is a global supplier of enterprise application software for business and government.