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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)
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To: Patsy Collins who wrote (751)3/2/2000 7:04:00 PM
From: Sowbug  Read Replies (1) of 2110
 
I don't want to be alarming, but the only stock with a quicker series of splits was Iomega back in 1996.

Iomega was a one-trick pony. People bought the company because of a single cool product they made (the Zip drive).

It was also one of the first stocks to be discovered by the roving bands of then-online, now-Internet short-term trading gangs. All the Motley Fools on AOL, for example, converged on the stock pretty quickly.

So I'm not saying your point is invalid. You may be exactly right that there's a strong correlation between rapid splitting and sudden permanent plunges. But IOM was a weird stock back in 1996.
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