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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: CoffeePot who wrote (18737)1/21/1999 6:19:00 PM
From: tonyt  Respond to of 27307
 
>as the 22nd is the date of record for YHOO stock holders to participate in the
>2 for 1 stock split effective February 5th.....buying YHOO after the 22nd or before
>the 5th as a investment would be senseless. IMHO

Wow! I'm stunned. What more can I say?



To: CoffeePot who wrote (18737)1/21/1999 6:23:00 PM
From: Alan Newman  Respond to of 27307
 
You can safely buy (or sell) Yahoo any time. If you are long
(or short) at the close on February 4, when you wake up on
February 5, your account will show twice as many shares.

Alan

P.S. I did not check that February 5 was the effective date.



To: CoffeePot who wrote (18737)1/21/1999 6:52:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 27307
 
CoffeePot Sir
WAKE UP and SMELL the youknowwhat!!!
Are you saying that if you were to buy yhoo on the 4th of feb, they would short change you and not split your shares? Ridiculous!
And since when is a split an investment? Maybe in a tulipmaniadriven universe, people may trip over each other in order to buy split adjusted shares.
No wealth is generated when you get twice as many shares after a split. Please understand that. So its NOT an investment.
Also, consider the case of AMZN. They closed at 106 today. Below the split price. Are the investors who bought AMZN presplit and held on richer because of that? Why would YHOO "investors" who "invest" with the 2-1 split in mind fare any better?
Please feel free to disagree with me...
-PWM



To: CoffeePot who wrote (18737)1/21/1999 7:12:00 PM
From: Glenn D. Rudolph  Respond to of 27307
 

Tomorrow will be interesting for YHOO
as the 22nd is the date of record for YHOO stock holders to participate in the 2 for 1
stock split effective February 5th.....buying YHOO after the 22nd or before the 5th as a
investment would be senseless. IMHO


CP,

The date of record for a stock split is meaningless.

Glenn



To: CoffeePot who wrote (18737)1/21/1999 11:00:00 PM
From: freeus  Respond to of 27307
 
the 'day of record' for a split is only important if the company pays dividends. You only get the dividend if you held the stock that day.
But for a split, it doesnt mean anything, you get the split if you buy the day before.
People who wanted into Yahoo but didnt want to buy a $250 stock may indeed buy on the day after the split. We shall see.
Freeus