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To: Swami who wrote (14601)5/20/1999 9:45:00 AM
From: Redhook  Respond to of 43080
 
USAB +2 3/8 on small volume. I'm still have shares from 10 3/8

USABanc.com Approves 2-1 Stock Split
Business Wire - May 20, 1999 09:31
PHILADELPHIA--(BUSINESS WIRE)--May 20, 1999--USABanc.com's Board of Directors today approved a 2-1 stock split for the company's Class A Common stock (NASDAQ:USAB).

The record date will be June 1, 1999 with a pay date of June 15, 1999.

USABanc.com, formerly USABancShares, is the first Federal Reserve Bank Holding Company to undergo a "dot com" name change. The company owns an FDIC insured financial institution and a NASD regulated brokerage firm, and has established internet banking as its exclusive strategic priority.



To: Swami who wrote (14601)5/20/1999 9:51:00 AM
From: AlienTech  Read Replies (3) | Respond to of 43080
 
Why would $10 stock do a stock split?

USABancShares.com (USAB) 13 5/8: Bank holding company declares a 2-for-1 stock split.