Vitesse Semiconductor Message Board

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Technology Stocks : Vitesse Semiconductor

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To: Chuzzlewit who wrote (2778)	8/1/1999 10:32:00 AM
From: JK	Read Replies (1) of 4710

Chuzzlewit, Actually I agree that a split does not, over time, add much of anything to the value of the stock. There have been studies that show a stock may 'pop' 4 or 5% during the process but then quickly settles back to a normal valuation (for that stock). Since I don't trade, but hold, I am not really interested in the day to day ups and downs. What attracts me to a split is the price of a block of shares. I like to buy by the block and can average in to a good company over time especially when I intend to hold for the forseeable future. Buying half as much at a higher price doesn't 'feel right'. And I've found too many good companies to invest in everything I'd like. Just my view. What a great market (and country) we share that presents us with this problem! - jk

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