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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Bruce Cullen who wrote (15933)5/1/1998 11:28:00 AM
From: James Strauss  Read Replies (1) of 79273
 
ORG...

Bruce:

The split adjusted price was 29.90... It is currently over 31.00 per share... So, the initial reaction to the split is positive... But, MoneyFlow has been negative for a week... A 25% stock dividend means 25% more shares... More shares means a smaller EPS unless they are expecting earnings to exceed expectations > 25%... The next week should give us a sense of how this will play out...

Jim

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