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Technology Stocks : JDS Uniphase (JDSU)
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To: Nichols who wrote (1037)9/22/1999 5:48:00 PM
From: Trader Dave  Read Replies (1) of 24042
 
By the definition of the gorilla game, JDSU is already a Gorilla. Kings and princes (and others) play in a different ballgame with significantly lower barriers to entry.

I agree with the last poster that stock splits are ALMOST mathematically meaningless. But they are not completely meaningless.

A higher share count means higher trading volumes and it is rare to see a stock split announced when the outlook for a business is weakening. It's somewhat a commentary on management confidence.

TD
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