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Technology Stocks : THQ,Inc. (THQI)

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To: Quad Sevens who wrote (6399)6/26/1998 9:28:00 AM
From: Jim Willie CB  Read Replies (2) of 14266
 
<<A split may well have an impact on price, even though this makes no financial sense at all.>>

I was long ago taught by a topnotch broker that announcmt of 2/1 split is an implicit statement by the company's executives that they regard 100% growth in earnings in the offing 10-18 months out. That is why stocks move up afterwards, not to mention hype and momentum.

/ JW
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