TLAB info? Message Board

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Technology Stocks : TLAB info?

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To: Baldwin who wrote (5739)	6/22/1999 7:08:00 PM
From: still learning	Read Replies (2) of 7342

Baldwin, $33 was NOT a pre-split price. In June of last year, the Cienna fiasco had not taken shape. TLAB was at $66, but if you own 200 shares now, you only owned 100 shares (or $6,600 worth)then. Today you have 200 shares at $70 (or $14,000 worth). I simply changed the way I phrased it to translate for you. It was $33 in TODAY's currency a year ago (which would have meant $66 per pre-split share a year ago -- but you would have owned half as many shares. I should know since I've had it in my account the whole time. I simply RE-phrased the pricing since it looked like you were having trouble seeing that both TLAB and CSCO have doubled (taking into account any and all splits) in one year's time. If you just go to any chart of the stock you'll see it shows splits with a little triangle. They also adjust the price on those charts to account for any splits. So if the 1yr chart says it was trading at 33 (that was really 66 since it split 2 for 1 in the interim) CSCO has split twice in that time, once 3for2 AND now 2for1. Either way it's clear they've tracked each other's performance over a yr.

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