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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Tony who wrote (2759)11/13/1997 7:31:00 PM
From: Mama Bear  Read Replies (2) of 27307
 
Off Topic

>>>My stock has been reported to split two for one after Nov 21 I think, and I don't know if I should buy more now or wait till after the split.<<<

Unless you have a specific stategy to play splits, disregard it. If you have a $10 bill and it "splits" 2:1 you have 2 $5 bills. A stock dividend (split) has the same mechanics. Pay attention to the valuation. A split is a non material event to the company's value, and not all stocks that split run up. One's that do run up usually retrace. Pay more attention to the PSR, PE, and long term prospects for the company.

FWIW

Barb
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