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Non-Tech : Wal-Mart
WMT 103.46-0.1%Nov 12 3:59 PM EST

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To: Chip Roos who wrote (366)4/16/1998 6:36:00 PM
From: Michael Klein   of 1166
 
STOCK SPLIT...

I had a friend that used to work at Wal-Mart. When it split the last time he told me Sam Walton did not want the stock to trade above $60 so that it would remain attractive to his employees and customers. Kinda a legacy rule at Wal-Mart so I would expect the stock to split if it stays at or about 60.

Just my understanding of his rules.
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