Apple Inc (AAPL)

[wdave]

clearsailing: It is just a book keeping process

If you own 100 shares before the bell rings closing the exchange on February 18, 2005 then after the bell rings you will own 200 shares. Their total value will be the same. The new price will not be shown on the ticker until trading starts on February 28th, 2005. But your broker will keep track and if you sell between the 18th and 28th he will adjust the trade to account for the split.