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To: Cosmo Daisey who wrote (1087)1/3/1999 8:26:00 PM
From: 1SFG  Respond to of 41369
 
The shareholder of record date was prior to my purchasing the shares so you are wrong. I WAS NOT A SHAREHOLDER ON THE 'SHAREHOLDER OF RECORD DATE'. Call your broker, as I did, and he will tell you those dates mean nothing concerning the split. Buy the shares before the split date and you participate in the split, as I said.



To: Cosmo Daisey who wrote (1087)1/3/1999 9:44:00 PM
From: Chuzzlewit  Respond to of 41369
 
No, your answer is incorrect. It simply depends on whether you bought unsplit shares or shares indicted as having split. There is no holding period requirement, and it has nothing to do with date of record. Example: you buy XYZ on Friday at 3:59 PM. The Company had announced a 100% stock dividend for shareholders of record for the previous Monday. The company delivers the "dividend" on the Monday following the Friday you bought. You will receive two split shares for every share you bought on Friday (unless of course you bought XYZ s,wi).

TTFN,
CTC