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Re: 500_and_Long post# 11886

Monday, 11/27/2006 9:06:58 AM

Monday, November 27, 2006 9:06:58 AM

Post# of 63795
The 3 day settlement period is standard. That means that the shares that you hold between market close on Tuesday, 11/28 and market Friday, 12/1 are the only ones that count for the spin-off divident. Selling during this time is not a good idea - you have to wait until the record date has passed.