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Technology Stocks : America On-Line: will it survive ...?
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To: Guardian who wrote (13127)12/27/1998 1:38:00 PM
From: Chuzzlewit  Read Replies (2) of 13594
 
Guardian, splits have no effect on anything (except the total number of shares o/s). Deals consummated before splits are adjusted based on split ratios. Splits also have no affect on the value of your holdings. They really represent the exchange of 1 piece of paper for 2 or 3. It's like getting two five dollar bills for a ten. You are no richer or poorer after the trade.

TTFN,
CTC
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