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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 253.73+1.6%3:59 PM EST

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To: Mark O. Halverson who wrote (228155)3/15/2007 11:39:19 PM
From: muzosiRead Replies (1) of 275872
 
While a 2:1 stock split would send stock price from $14 to $7, doubling the stock float by stock sales would not change the price.

let me see here: before sale amd's market value is 555M (stock float) * $14 = $7.77B; after sale it's 2 * 555M * 14 = $15.540B. now they just have to find someone who would pay the extra $7.77B for the new 555M shares.
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