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To: Starduster who wrote (992)1/3/1999 1:37:00 PM
From: Cosmo Daisey  Read Replies (3) | Respond to of 41369
 
Starduster,
You are required to be a holder on the date set by the company as the "shareholder of record" date. The same as dividend payments the record date is set and the split date is some day forward.
cd



To: Starduster who wrote (992)1/3/1999 2:24:00 PM
From: Dr. D  Read Replies (3) | Respond to of 41369
 
How long is someone required to hold a stock to be eligible for a split???

The stock must be purchased anytime prior to the split. This includes the last day of trading before the actual split.

Unless you physically hold a the stock certificate. Then it's the date of record as indicated be Cosmos.

Otherwise, would you buy 100 shares of Aol @ 160.00 on Friday if it were to split Monday, and you still only had 100 shares @ 80.00 on Monday.

Cheers

3d


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