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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (2746)4/28/1999 10:08:00 AM
From: * Thumper *  Read Replies (1) | Respond to of 108040
 
Morning everyone....... This is not hype or spam, just a reminder if anyone cares......

Today 4/28/99 is really the last day of record in order to own SHAL shares to qualify for the free dividend in their new spin-off (USLabs)due out on 5/03/99.

Let me explain, most if not all brokerages have a three day settlement rule & if you were to buy SHAL on 4/30/99 (SHAL's DOR), your broker will show your date of record as 5/02/99 in which case you'll have to talk to SHAL IR Dept to fix the situation, if they will at all.

The reason I'm bringing this to the threads attention is I had to learn the hard way with Waterhose.

So with that, I wish everyone the best of luck...... T. :-)