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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?

To: Wink who wrote (7796)	5/18/1999 12:42:00 PM
From: washdeck98	Respond to of 9824

Schwab says Yes, I am elligable as is anyone who buy up to the day before the X date. BINGO, I'm in. Now if we could just get a firm date. Buying more at this level. Seems like a no brainer as long as my Schwab broker is on target. washdeck98

To: Wink who wrote (7796)	5/18/1999 12:52:00 PM
From: washdeck98	Read Replies (1) \| Respond to of 9824

That so called clarification PR sucked! I think a lot of people don't understand which is causing further investor doubt. It could work to our advantage. I'm waiting to see just how cheap these idiots are going to sell me there TNRG shares for (not to mention there TIPS shares with the deal). washdeck98

To: Wink who wrote (7796)	5/18/1999 1:21:00 PM
From: Pashoe1	Read Replies (3) \| Respond to of 9824

I feel like I am beating a dead horse but here it goes: This my understanding: If you buy before or on the 17th and hold to the 20th you are guaranteed a 1 for 4 dividend of TIPS. If you buy now or before the ex-dividend date you will get the 1 for 4 dividend. As I see it the only advantage I have is I can sell TNRG after the 20th and still be guaranteed to get my shares of TIPS. Here is the confusion: If I sell on or after the 21st and someone buys my shares then that purchaser does not get a dividend because it is already allocated to me. Right? If that is correct then the shares trading between now and the 20th will be the only shares available for dividend payout. Is this also correct? My understanding is that after the 20th nobody is entitled to get a dividend because that would be considered double counting. Someone please clarify. Thanks.