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Subject:  Re: Stock Splits Date:  2/14/2000  3:39 PM
Author:  TMFTardior Number:  538 of 2244


If you bought Yahoo before the split, then you received an extra share. The date of record is of no consequence to your holdings; it only affects the paperwork.

If you own shares on the record date, you will be entitled to receive a stock certificate representing the split shares. If you purchase shares between the record date and the payable (distribution) date your broker will receive a "Due Bill" which will be exchanged for a stock certificate after the distribution date.

Either way, you take part in the split. You have not made any mistake.

Fool on!

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