Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: David Brown who wrote (1349)	12/2/1996 12:04:00 PM
From: Chi-X	of 18263

General Information on Splits! A guy on CNBC this morning talked about splits. He said that Splits extend life to rallies in stocks. He said that splits have a way of making parabolic curves look smaller than they were before the split. In English, if a stock looked overbought, after the split, it doesn't look so over extended. He cited examples with INTC in '93 looking overextended but then it split. Then again in '95 it looked overextended but it split. He cited that now it looks totally overextended therefore there's probably going to be a split soon. ZITL does not look so overextended now that it's split. Chi-X

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