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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: Wyätt Gwyön who wrote (46605)10/30/1999 11:14:00 AM
From: Uncle Frank  Read Replies (3) of 152472
 
>> A stock split means nothing--Warren Buffett (1 share of Berkshire Class A costs $63,900)

WB is one of my favorites, but he belongs to a different era of investing, and not all of his utterances should be taken as gospel. Also it's worth noting that Mr. B. created brkb so that a broader base of ownership could be established.

Don't you see the causal relationship between Q's volatility and its small float?

uf
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