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Strategies & Market Trends : H&Q Conference, January Effect, Etc.

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To: damniseedemons who wrote (120)1/15/1997 4:54:00 AM
From: Kevin OBrien   of 246
 
Congrats: Your 2/1 INTC was right. On latest expect 130 max post split. This has to be adjusted for relative market movement between now and then. Max pre-split would be 218 although I doubt if this could be achieved for liquidity reasons.

My work does not yet take into account preferred market parcel sizes. I needed a 3/2 to balance my equations. It is interesting that the Directors chose 2/1. This has had the effect of reducing the potential price of the shares. It should make them more liquid.

Someone was commenting that MSFT was expected to split. I will check this out as I am looking for interesting stocks.

Kevin O'Brien
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