Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.08

+2.6%

Nov 11 3:59 PM EST

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To: Gary Korn who wrote (36044)	2/23/1998 1:52:00 PM
From: Jurgen	Read Replies (2) of 61433

OT Stock Split Gary, maybe this is a dumb questions, but anyway.. Why do stock prices go up when companies announce a split (DELL, MSFT) or when there's a rumor that they might split (MERCK). I don't get it. Where is the value when they double the number of shares ? Ok you can buy more shares for the same money, but it's still the same percentage of share capital, the same company, the same earnings, the same future. What am i missing ? Jurgen

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