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Politics : Idea Of The Day

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To: Jerry Olson who wrote (17551)	3/24/1998 9:53:00 AM
From: j g cordes	Read Replies (1) of 50167

Jerry, I know you agree there's a curiosity to what makes a stock split worth investing in other than that it drives the price up. Briefing's commentary was tongue in cheek but given that stock spits used to flatten a stock for awhile (not make it go up), its something worth discussing despite its current trading value. This market has broken anyone betting against it. In a surging market its best, as you point out, to hitch a ride with each new breakout and not muck around with bottom fishing. But that can change, and one day a split will be worth no more than a banana. Until then lets rock and roll, eh! Notice how SLB got hit with a downgrade this morning? Later, my friend. Jim

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