Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 42.61

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3:59 PM EST

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To: Eliz2 who wrote (22794)	2/17/1999 9:20:00 AM
From: billwot	of 27012

Eliz-Whether you buy pre-spilt or post-split, you wind up with the same number of shares for the same amount of money invested. In fact, because of the false perception that splits somehow reduce price, shares often run up immediately after a split, which of course increases your basis cost. I am always eager to see a split in stocks I own because of that, but it doesn't help me get into one that I follow but don't own. Restated, the effect of a split is often to drive prices up, which is good for current holders, but bad for new prospective investors. billwot

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