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Technology Stocks : CMGI What is the latest news on this stock?
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To: The Vinman who wrote (477)5/8/1998 11:08:00 AM
From: RLM   of 19700
 
What research are you talking about. That is bogus information. On the contrary most major stock that split increase after a split. The reasoning that they came up with is that most stocks that split, split because they are doing very well to begin with. Second, investors get excited, right or wrong, by a split and this coupled with the lower, more attractive stock price, encourages buying.
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