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Non-Tech : Labor Ready (LRW) -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Walker who wrote (77)5/1/1999 4:19:00 AM
From: Jim Berg  Respond to of 379
 
Tom
I don't know......
I think they have timed their splits nicely and
have avoided dilution of share value vs equity

But I am happy that my original 1000 shares at $14
have turned into 7000 shares at $39
I know the math doesn't match up
I didn't keep the stock during the ebbes,
I sold after the splits at the near tops each fall
But repurchased the whole $$$ amount at the near lows
each winter for a total of 7000 shares no additional
investment.
I love this company
Jim




To: Thomas Walker who wrote (77)5/3/1999 12:58:00 AM
From: Khris Vogel  Read Replies (1) | Respond to of 379
 
I'll actually have half shares if they do another 3:2.

TW, in the case where a 3:2 split would create a partial share for you, LRW grants you a full share.

If you hold 75 shares pre-split, your 112.5 post-split shares becomes 113 shares.

Personally, I look at it as a gift.


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