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Guess that is why some of them give you a choice.
This is new. Cash distributions were noted on charts but only splits
were adjusted for.
Me Purist.
Jimmy
Thursday, February 3, 2005, 1:55:48 PM, you wrote:
BF> At 02:23 PM 2/3/2005, Jimmy wrote:
>>It wasn't a stock split so the data with a gap to 8 is correct. There
>>is no discussion.
BF> Nonsense. Mutual fund prices are routinely adjusted for
BF> distributions and this is no different. Unadjusted prices are
BF> almost useless.
BF> The attached picture shows both the adjusted and unadjusted
BF> values from the historical data available at Yahoo.
BF> The Omega Downloader allows either when downloading data from Dial Data.
BF> Since the company has $5 per share less in assets, it is worth $5 per share less.
BF> And if the company sold all of it's assets for cash, paid off
BF> all liabilities, and distributed the remaining cash to
BF> shareholders, the resulting company would be worth zero and stock
BF> price would be zero.
BF> Bob Fulks
--
Best regards,
Jimmy mailto:jhsnowden@xxxxxxxxxxxxx
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