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Re: lee kramer post# 203746

Thursday, 02/12/2004 1:24:07 AM

Thursday, February 12, 2004 1:24:07 AM

Post# of 704044
Hi, Lee,

You're a good person to ask my question of. As you may know, on 1/21 SNDK announced a 2for1 stock split for owners of record 2/3. Now if one owned the stock on 2/3, one is eligible for the extra stock. If one then sold one's holdings on 2/4 before the price adjustment reflecting the split, what happens? I mean, does one still get the extra shares, and can then sell them at the adjusted price even though one already sold the original stock at the unadjusted price? If not, what does happen in these circumstances?

Do you know? TIA

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