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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST
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To: Mark O. Halverson who wrote (228155)3/15/2007 11:46:08 PM
From: dougSF30Read 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.

Uh, it sure would. Not in half, but as the extra cash raised by new shares would not be granted the same multiple as the existing business, the share price would need to fall considerably. Said another way: their market cap would not double.
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