Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: Voltaire who wrote (46570)	10/30/1999 10:03:00 AM
From: Wyätt Gwyön	Read Replies (4) of 152472

I know, I know, the Econ 101 people out there are going to say a stock split means nothing but a division of shares, I say BULL---T! Must beg to differ. A stock split means nothing--Warren Buffett (1 share of Berkshire Class A costs $63,900). I find it hilarious that this is even a subject of "debate". Two types of people think stock splits are important: 1. People who don't know what a market cap is, and think a stock split is some kind of Christmas present. 2. People trying to outsmart the market, who think a split matters because the people in Category 1 think it matters. Has Dell's latest split helped that stock? Tiger chases tail a little bit, he gets exercise. Tiger chases tail a lot, he turns into butter. Warren Buffet became a billionaire soaking his pancakes in the butter of myopic tail-chasers.

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