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Technology Stocks : THQ,Inc. (THQI)
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To: Ron Harvey who wrote (7282)7/27/1998 4:02:00 PM
From: Joe Casey  Read Replies (1) of 14266
 
Here is what Cramer from TheStreet.com says about stock splits:

"I remember when the Trading Goddess first had a fight with me about splits when I left Goldman Sachs and she had been trading for seven years already. I was giving her the party line about how splits are a joke, they mean nothing. And she told me that if that was my attitude I should hang 'em up because I knew little about what moves a stock higher. Splits, she would say, are the greatest marketing devices ever invented. They create good feeling among shareholders at no cost whatsoever to management. They are nothing but Net."

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James J. Cramer is the senior partner of Cramer Berkowitz, a hedge fund with approximately $360 million under management as of 20 April 1998. Besides Jim Cramer and Jeff Berkowitz, the firm has eight other staff members. Cramer Berkowitz has outperformed the DJIA and S&P 500 every year since its founding in 1988.

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Sorry Ron, looks like you should "hang 'em up" according to the Trading Goddess.

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