Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (16) | Ignore Thread Prev | Next
Author: acv Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 102  
Subject: Re: future stock valuation Date: 11/8/1999 12:22 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
THe date of valuation will be the date of close (again went through this before).

For those who havent been through this before (oh yeah such experience Ive been through it twice with ASND and LU and XCIT and ATHM) you will notice an ongoing gap in the stock prices. They wont quite be lockstep but will trend together. Note can go both up or down. As the deal comes closer and closer the price will move closer and closer to the actual .928 value (or 1.856 post split). You should also note that fractions of shares you get $ for. i.e. you own 10 shares get 9 of JDSU plus .28 x the stock price.

For what it is worth you should also note that the brokers sometimes get a bit confused. When this same situation happened to XCIT shareholders plenty of them had their broker tell them they had half the # of shares that they were supposed to have. Dont worry it will all work out but you may need to mention it to them so you should watch closely.

Has anyone every suggested you worry too much :-). Of course you shouldnt just trust me, but I have no doubt that OCLI will comfirm this for you.

Good luck
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (16) | Ignore Thread Prev | Next


Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.