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Technology Stocks : Vitesse Semiconductor
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To: MMW who wrote (2776)7/31/1999 1:16:00 PM
From: Chuzzlewit  Read Replies (2) of 4710
 
Of course a split is possible, but IMO it is a non-event. If you look at companies in the same line of business you see approximately the same P/Es regardless of the price of the stock. This is potent evidence that over the long run splits are non-events. For example, look at the P/E of BRK.

TTFN,
CTC
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