Yes it happened to me also. Waterhouse paid on
pre-split but Edward Jones paid on post-split shares. I
talked to Carl Asai the CFO and he said he would confirm
that dividens were tobe paid on post-split shares if
Waterhouse would call him. His # is 503-439-5208
I don't understand what you mean? TMBS's target
market is Constuction, period.... Estimating, Job
Costing, Construction Accounting and Property
They are a "off the shelf solution" vs. say JD Edwards
which is very much a custom solution.
companies specializing in the software are the VAR's. TMBS
has no sales force.
There might be some mom &
pop home builder working off napkins and in their
head. But you won't find them on the ENR 400 either.
That is were the real construction takes place in this
country. These companies are not working on napkins, they
I would not say TMBS has had
poor performance either. Yahoo reports 53% growth the
last 5 years, 39% this year and 23% for 2000.
would say their growth rate has slowed, I would never
call 39% growth poor performance.
you have some homework to do..
I understand the size of the economy...many of my
family members own their own building and contracting
My question is, how large is their target
market? I noticed many companies specializing in
deploying TMBS software. That tells me right off the bat
its not "shrink-wrapped" software, which
automatically eliminates much of building industry -- all the
small mom and pop operations. I also know the typical
mindset of these businessmen is to avoid software
solutions -- most of their planning and estimates are on
the back of napkins and in their head based on
experience rather than formulas.
FYI, everyone that
can pass off poor performance on Y2K has taken the
opportunity -- I think something else is affecting the sales
Yes, my E*Trade account only relected dividends
paid on pre-split shares. I have found, however, that
they are sometimes behind by a day or so on reflecting
splits or dividends in my account. Since my account is
an IRA account, I figure it must take them an extra
day to sort out the difference in street name and
beneficial owner or something, I don't know. They do,
however, have "glitches" in their posting of transactions
and their reporting of positions and their
currentness of information on occasion, so it is worth
keeping an eye on...
The dividend which has been credited to my
brokerage account was paid only on my pre-split shares.
According to the company press release, it was supposed to
be paid on the post-split shares. Has this happened
to anyone else out there? Thanks. EOM
I have owned this stock for a long time and own a
significant amount of shares. I step up to the plate when I
see people trading it down for no reason and it
reaches the lower end of its relative valuation.
could always use a little T&A, but I will leave the TA
(read technical analysis) for those quants who like to
use it. About the only TA tool i look at is
You mentioned in your post
ideas on trading...at least on TMBS I will almost
always have a core position in the stock and will trim
or add depending upon strict valuation metrics and
fundamentals of the business.
I was just having a
little fun with the whole TA concept, glad someone at
least caught it.
I'm game for you having a little fun with the TA
concept, but do you have some other ideas on trading? What
do you base your buy/sell points on? If you don't
use at least a little TA what do you do? Throw
TMBS is a very predictable stock and there are some
great posts on this board, if you read them you might
learn a thing or two from folks that have been trading
this stock a while.
Looking it up in my handy dandy "How to lose your
ass using stupid technical analysis terms" on page 69
it explains...."the double reverse redeye pattern
can only be determined to be in existence if both of
these conditions are met...1)You had mexican or Indian
food the night before and 2)you experience a "ring of
fire" feeling where your butthole feels like the inside
of a cigarette lighter".