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  #3  
Old 08-18-2006, 02:59 PM
Cal Learner-- MVP
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Default Re: Stock Split - 2006 Premium

In microsoft.public.money, Dick Bell wrote:

- quote -

> The 7 for 8 shares gave the wrong number of shares, however, the 87 for 100
> worked perfectly! Thanks!


Normally you would get 87.5 shares and Money would offer to enter a
sell in the register for the half share. You enter an estimate for
the price to be received. The institution sells the fractional share
and credits your account fro the proceeds called Cash In Lieu (CIL).
In Money you go back to the sell of the fractional share and make
the CIL amount be the proceeds of the Sell of the fractional share.

- quote -

> I'm still concerned about the previous stock split entries and don't know
> how to delete an incorrect entry other than deleting and re-entering the
> original stock purchases.
> "Mark" <abcd[at]abcd.com> wrote in message
> news:OXAQx9jwGHA.4880[at]TK2MSFTNGP04.phx.gbl...
> > Or put in 87 for 100, since 7/8 is actually .875 (unless the broker
> > actually does track that half share for you).
> > > "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message

> > news:dlk9e29p7gvejm1fnv7tv8ddjo6p28uqdt[at]4ax.com...
> > > In microsoft.public.money, Dick Bell wrote:
> > > > > > Two questions:
> > > > 1) How do you delete an incorrect stock split entry?
> > > > > Go to the investment details.
> > > UpdatePrices-> UpdatePricesManually Look through the
> > > table and find the entries in the Source column that say "Stock
> > > Split". Delete it.
> > > > > > > > > > > > > 2) I've never successfully recorded a stock split on the first try. In
> > > > the
> > > > case at hand my broker tell me it's an 8 to 7 reverse split. I have a 100
> > > > shares and should end up with 87. I tried putting in 8/7 and 7/8, both
> > > > gave
> > > > me the incorrect number of share.
> > > > > > > > Enter it as a 7 for 8 shares split: two different boxes.

> >
  #2  
Old 08-18-2006, 12:58 PM
Dick Bell
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Posts: n/a
Default Re: Stock Split - 2006 Premium

The 7 for 8 shares gave the wrong number of shares, however, the 87 for 100
worked perfectly! Thanks!

I'm still concerned about the previous stock split entries and don't know
how to delete an incorrect entry other than deleting and re-entering the
original stock purchases.

"Mark" <abcd[at]abcd.com> wrote in message
news:OXAQx9jwGHA.4880[at]TK2MSFTNGP04.phx.gbl...
- quote -

> Or put in 87 for 100, since 7/8 is actually .875 (unless the broker
> actually does track that half share for you).
> "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> news:dlk9e29p7gvejm1fnv7tv8ddjo6p28uqdt[at]4ax.com...
> > In microsoft.public.money, Dick Bell wrote:
> > > > Two questions:
> > > 1) How do you delete an incorrect stock split entry?
> > > Go to the investment details.

> > UpdatePrices-> UpdatePricesManually Look through the
> > table and find the entries in the Source column that say "Stock
> > Split". Delete it.
> > > > > > > > 2) I've never successfully recorded a stock split on the first try. In
> > > the
> > > case at hand my broker tell me it's an 8 to 7 reverse split. I have a 100
> > > shares and should end up with 87. I tried putting in 8/7 and 7/8, both
> > > gave
> > > me the incorrect number of share.
> > > > > Enter it as a 7 for 8 shares split: two different boxes.



  #1  
Old 08-17-2006, 08:55 PM
Mark
Guest
 
Posts: n/a
Default Re: Stock Split - 2006 Premium

Or put in 87 for 100, since 7/8 is actually .875 (unless the broker actually
does track that half share for you).

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:dlk9e29p7gvejm1fnv7tv8ddjo6p28uqdt[at]4ax.com...
- quote -

> In microsoft.public.money, Dick Bell wrote:
> > Two questions:
> > 1) How do you delete an incorrect stock split entry?

> Go to the investment details.
> UpdatePrices-> UpdatePricesManually Look through the
> table and find the entries in the Source column that say "Stock
> Split". Delete it.
> > > 2) I've never successfully recorded a stock split on the first try. In the

> > case at hand my broker tell me it's an 8 to 7 reverse split. I have a 100
> > shares and should end up with 87. I tried putting in 8/7 and 7/8, both
> > gave
> > me the incorrect number of share.
> > Enter it as a 7 for 8 shares split: two different boxes.



 
Old 08-17-2006, 08:36 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Stock Split - 2006 Premium

In microsoft.public.money, Dick Bell wrote:

- quote -

> Two questions:
> 1) How do you delete an incorrect stock split entry?


Go to the investment details.
UpdatePrices-> UpdatePricesManually Look through the
table and find the entries in the Source column that say "Stock
Split". Delete it.



- quote -

> 2) I've never successfully recorded a stock split on the first try. In the
> case at hand my broker tell me it's an 8 to 7 reverse split. I have a 100
> shares and should end up with 87. I tried putting in 8/7 and 7/8, both gave
> me the incorrect number of share.


Enter it as a 7 for 8 shares split: two different boxes.
  #-1  
Old 08-17-2006, 06:39 PM
Dick Bell
Guest
 
Posts: n/a
Default Stock Split - 2006 Premium

Two questions:
1) How do you delete an incorrect stock split entry?

2) I've never successfully recorded a stock split on the first try. In the
case at hand my broker tell me it's an 8 to 7 reverse split. I have a 100
shares and should end up with 87. I tried putting in 8/7 and 7/8, both gave
me the incorrect number of share.


 

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2006, premium, split, stock
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