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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 84.82

+3.0%

Feb 6 9:30 AM EST

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To: Eric who wrote (21179)	1/25/1999 11:23:00 PM
From: Gemini	of 77400

You and Warren are both wrong. If Warren had split his stock to make it much more attractive to the average investor, he would have seen a greater appreciation IMHO than he has experienced, which I admit hasn't been anything short of spectacular. Plus you get the compounding effect. A stock that appreciates by $2 in one trading session advances by $200 on 100 shares and by only $100 on the original 50 shares, using a 2 for 1 in this example. And lastly, there's the psychological affect of believing one's buying a company at a cheaper price post-split and that it will eventually achieve past higher levels. Just my opinion, Allan

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