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Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (1427)5/19/1999 10:09:00 PM
From: IJReilly  Respond to of 1634
 
IS-

I'm not sure on this deal yet, but on others, (JEF/ITGI, Williams/Midway) the parent has traded "with due bills", meaning still entitled to the dividend, for 5 or so trading days after record date, and a when issued "stub" trades at the same time. 2 weeks seems long for record/distribution dates to me. I'll check with clearing tomorrow to get the straight story.

IJ



To: RockyBalboa who wrote (1427)5/19/1999 10:22:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 1634
 
What happens if I buy MALL after May 24th?

IS, you won't get UBID shares if you buy after the 24th. On the 25th, MALL will open lower by approximately 0.7*UBID of the 24th. Works just like a split.

Regards,

Tom


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