Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: HG who wrote (16515)	12/31/1998 12:47:00 AM
From: FR1	Read Replies (1) of 27307

It's all psychological. If, after the split, you wind up too low a share price it seems hard for a stock to move. A 5% one day move for a $50 stock is only $2.50. Just doesn't seem like your stock is moving. Too high and the share price seems out of reach. Average people look at $100+ per share prices and say "I can only buy a few shares so it's not worth it - too expensive." Therefore, I vote for 3/1 because it will put us in the 80's. Just right.

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