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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Whiskey who wrote (4540)1/29/1999 12:44:00 AM
From: Mariah Smyth  Read Replies (1) | Respond to of 13953
 
haaaaaaaaaaa, yes i felt like a .......... after i posted the ???
just got home from work and was in such a hurry to read the various posts that I did not read the one posted earlier answering my ?

I agree, i have been in prev splits, and if I have not gotten in early enuf i have taken a short term loss - I appreciate you reminding me of that ...........thank u

very much



To: Whiskey who wrote (4540)1/29/1999 12:56:00 PM
From: Deanne  Respond to of 13953
 
I guess I misunderstood this stock split announcement. I have always thought you had to be a shareholder on the record date to participate in the split. If you can buy in today and participate in the split, then what does the reference to Jan. 15. in this release mean? I've always wondered what the "shareholders of record" comment is for on these split announcements. Of course no one would buy between the date of 1/15 and 1/29 if they didn't get to participate I suppose.

Deanne
============

PR Newswire - January 04, 1999 08:40

PALO ALTO, Calif., Jan. 4 /PRNewswire/ -- E*TRADE Group Inc. (Nasdaq: EGRP) today announced that its Board of Directors authorized the splitting of E*TRADE's common stock on a two-for-one basis for shareholders of record on Jan. 15, 1999. Shares resulting from the split are expected to be payable by the transfer agent after market close on Jan. 29, 1999.