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Technology Stocks : How high will Microsoft fly?
MSFT 493.97-2.7%3:59 PM EST

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To: Uncle Frank who wrote (12646)11/27/1998 5:05:00 PM
From: Gerald Walls  Read Replies (1) of 74651
 
Nice thought, but the last two splits (12/9/96 and 2/23/98) have come at prices over $150.

But the first five (of the seven total) came at or below 120. The real question is at what price they were announced. On this last one MSFT ran up considerably between the announcement and the actual split. I know because I bought it just a few weeks before the announcement.
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