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Technology Stocks : LSI Corporation
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To: Ram Seetharaman who wrote (19893)9/7/1999 2:26:00 PM
From: sea_biscuit  Read Replies (2) of 25814
 
I think that around 75, the company will announce a 2-for-1 split. Just my guess. And that will bring the share price down to a more "affordable" 37 1/2. And getting from there to 50 is far easier than getting from 75 to 100.

I know it all means the same, but ask the guy on the street. He will buy it at 37 1/2 as if he's got it at 50% off! And a whole bunch of other people will try to feed off of that guy and make money in the process... The true winners are those who bought it at much lower prices and who would be selling during that feeding frenzy.
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