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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (3287)1/5/1999 3:03:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 99985
 
ALTERN8

Sounds like a reverse split to me

edit: errr, 3:1 split, not reverse. sorry, headcold has me fuzzy

ht
david



To: ALTERN8 who wrote (3287)1/5/1999 3:37:00 PM
From: CJacks  Read Replies (2) | Respond to of 99985
 
If QNET has a record date of 1/6, you would have needed to buy on 12/31 for a settlement date of 1/6. Sorry folks.... I fell for that also. Of course I did make over a 60% gain in one day. Best of luck.

CJacks



To: ALTERN8 who wrote (3287)1/5/1999 4:22:00 PM
From: Carl R.  Read Replies (2) | Respond to of 99985
 
A stock dividend is for all practical purposes the same as a split. The stock price should fall 75% to reflect the distribution.

Carl


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