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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Mama Bear who wrote (4460)8/4/1997 12:13:00 AM
From: Roger A. Babb   of 9285
 
Barb, until recently I did not worry about splits. Fundamentally a split means nothing, the good and the bad are just divided by a new number of shares. But in today's market it seems that somehow a split creates value and a split stock usually quickly returns to near its pre-split price with the "gain" as a free gift. Thus no matter how fundamentally short AOL is, I would expect a big jump if a split was announced. So whenever I am short AOL, I nervously watch the news ticker. VIAS is in the same category.
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