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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (45070)9/7/2001 6:30:30 PM
From: cfimx  Read Replies (1) of 64865
 
Addi, you are naive and don't understand how splits work. Splits don't matter. Quotes now are SPLIT ADJUSTED. When the stock was at $80, three splits ago, YOU HAD LESS SHARES. After it splits you have MORE SHARES. Splits are meaningless. That's why its COMMON to ADJUST FOR SPLITS so you can compare apples to apples. Yahoo does this. I suggest you go there and check out HISTORICAL QUOTES.

You will discover that for the week ending September 7, 1998, SUNCOM closed at a SPLIT ADJUSTED $6.05. The stock has ALMOST DOUBLED in three years ADDI. That would be pretty good Addi—IF IT HADN"T GONE TO $65 FIRST!!!!!
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