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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Im-patient who wrote (5787)	5/19/1999 12:08:00 PM
From: Susan G	Read Replies (1) \| Respond to of 28311

Fred, Buying now will give you rights to the split shares IF you hold them through the ex date, which has not yet been set. If you sell, the split shares will go to whoever buys those shares and holds through that date. In other words, if you buy the shares the day before the distribution of the split shares, they will be yours. Either way, you own the same amount of investment $ in the company, now or later. It's like taking a piece of paper. Right now you own the whole piece. On the ex date that piece will be torn into 3 pieces. You still have the same amt of paper. The date of record really means nothing if you don't hold the stock through the ex date.

To: Im-patient who wrote (5787)	5/19/1999 7:36:00 PM
From: gridiron 99	Respond to of 28311

Fred, I am in no way an expert, but I've been in the market for 3 years and for an extended time in the past, I used to play the split runs. You know, buy before the split date, taking advantage of the split run and sell after split. Anyway, from my own experience, you can buy up to the last day before the split and still get additional shares. The record date means nothing. I am sure it means something to someone, but not to a small investor like most of us. Usually the date of record is ONLY A FEW DAYS before the pay date. GNET's case is very rare. I don't know where some people got the idea that no additional shares if buying between the record date and pay date. I don't believe it. I bet this confusion scares off some potential short-term buyers. I wish GNET would come out and clarify on this, but they are probably busy with running the company, and don't think much of this stock split issue. In a way, that's good.