Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: hal jordan who wrote (7026)	4/15/1998 11:47:00 AM
From: Alexander Pavlov	Read Replies (1) of 18691

<< The only bad news here would be AMZN doing a 4 or 5 to 1 split. That would probably shoot the stock up another 20 points and my put would be priced in the neighborhood of $15 a share. >> Hal, Do you really believe AMZN could declare a split? I used to think split is to be declared in anticipation of stock price growth based on fundamentals. I wonder whether splitting a stock growing due to market mania could be treated as misleading information by SEC. And AMZN does not look like a company which is trying to pump its stock - as I remember they warned in their SEC filings they are not supposed to be profitable in the nearest future. Kind regards, Alex

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