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 : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Daisey who wrote (994)	1/3/1999 3:37:00 PM
From: 1SFG	Read Replies (1) \| Respond to of 41369

Not quite true. I bought shares of AOL on the day before the split and they participated in the split. How could it possibly be any other way?

To: Cosmo Daisey who wrote (994)	1/3/1999 5:33:00 PM
From: Starduster	Respond to of 41369

That is what I thought. I appreciate your responding. Thanks, Starduster

To: Cosmo Daisey who wrote (994)	1/3/1999 6:45:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 41369

Cosmo, as an insider you should know better. You get the split anytime you buy presplit shares (assuming you are still holding those shares when the "dividend" is actually issued) regardless of the shareholder of record date. Shares generally begin trading in anticipation of the split on a when-issued basis (wi in the papers). The shareholder of record stuff is an accounting fiction because splits are usually treated as stock dividends. So, if somebody buys XYZ after the shareholder of record date but before the split is actually issued they will be buying original shares and will still get the "dividend". This way everyone comes out whole. Bottom line: ignore the split. It is a non-issue. TTFN, CTC