Dime Bancorp Inc (fka DIMEQ)

[MrchntDeth]

If you buy them today, tomorrow, or whenever, you will NOT be eligible to vote those shares.

The Record Date for voting was something like March 16, 2011 (meaning you had to buy them on or before March 13, 2011).

That said, if you buy DIMEQs tomorrow, you are entitled to the same payout as any other DIMEQ holders would be.

Right now, that number is in the $2.50 to $3.00 range, depending on who you ask, and how the numbers are crunched. Lots more than the 75 cents they're trading for right now.

But remember, that if judge mary mary, quite contrary is too stupid to figure out Arthur Steinberg's fantastic legal analysis and arguments, the payout is ZERO (assuming of course, that WAMU survives any appeals that we file). Rodent is far from stealing this money.

If I wasn't already loaded to the gills in DIMEQs, I might be tempted to buy more. Hell, my wife doubled her position last week (2,500 up to 5,000), but only the first 2,500 are eligible to vote.

She'll be voting to take new common stock (and lock up the 2,500 DIMEQs), but the new 2,500 DIMEQs will receive cash once we win the case and get bumped up to Class 12.

I hope that helps. Please let me know me know if I can answer any other questions or clarify anything I've said.

David