SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: EaglePutt who wrote (2728)12/11/1999 5:43:00 PM
From: Guy Gordon  Read Replies (2) of 24042
 
RE: "I still think there is some weight to the 3-1 split rumor."

Forget it. This is just loose BBS talk. Professionals don't work this way. The Board of Directors will do exactly what they said they would, and split the stock 2:1.

The number one reason they will do so is that professional investors don't like surprises. They like consistency.

Number two is that they aren't this impatient. The 2:1 split this year will leave room for another 2:1 split in the next two months. We've already gotten a lot of benefit from the split announcement, and will get a little more from the actual split. Changing it to 3:1 would not help much at all. But after the effects of this split have worn off, another split will give JDSU another boost.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext