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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (22114)12/5/2000 3:44:15 PM
From: im a survivor  Read Replies (1) of 65232
 
Look for a psychological pop in SUNW Tomorrow. We will all wake up with twice the shares, at half the price as the 2 for 2 kicks in at close today. Normally, in a bull market, a split is good for a nice pop....in a bear market, it's good for a loss of a few % as folks don't want to hold twice the shares. howewver, being that sunw is beaten down to where it is ( it normally goes 2 for one in the $120's and we are just now getting from $70's back to $80's), I expect a price less then $50 - $80 is goig to attract alot of buyers. in fact, don't be surprised if sunw pulls a quick double....look back at the charts and see how many times she has doubled in the blink of an eye after a split........

Keith
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