V, re $700 stock price by split. That is a $322
increase from current $378.
I count 32 trading days between now & 12/29...I think the split is effective 12/30.
So, $322 / 32 days = $10 per day (average).
For this stock,(even after $150 rise over past
2 weeks) anything is possible. But even if your
earlier $450 target was hit i would be ecstatic!!!
Positives: China, Korea (msft), hdr, handset sale, momentum, time compression, general market conditions,
no sellers/supply & demand, window dressing, ongoing
rotation to telcom sector, seminars, pre-split buying
binge(?), increased press (tv, magazines & newspapers),
word of mouth
Negatives: possibility that technology superior to cdma
& hdr emerges--out of the blue, negatives from analysts and other jokers re "bloated stock"
WHAT AM I MISSING?
personally i am not concerned re cap gains tax but i do
think it poses one more reason to hang onto the stock--
at least till 1-1-2000...in light of above. |
