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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: pann1128 who wrote (9442)11/3/1999 3:32:00 AM
From: LindyBill  Read Replies (2) of 54805
 
I cannot overemphasis the statement that Q's management is making by announcing a 4 to 1 split. When a company of this caliber does such a thing, they are saying, "We are growing so fast that the only way to keep the stock price in the $100 range over the next year is to split it 4 to 1 now."

I understand that the aftermarket has run the price close to 250. Since I predicted this price by this time, something must be wrong! I never hit short term numbers! :0)

I predicted a 20 point drop to 230 afterward, if there was no blowout. I consider the 4 to 1 announcement to be a "Blowout" statement. It is a way for the company to boast without getting in trouble with the SEC.

I think we will get the 4 to 1 done just before the Annual Meeting in February. Possibly late January. In response to some PM's, let me say that as soon as I have the Hotel figured out, based on where the Annual Meeting will be held, I will set up our meeting in San Diego and announce it on this thread. I know we have about 8 or 9 people coming at the moment, and I am sure it will grow.
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