UNPH _ Uniphase Message Board

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Technology Stocks : UNPH _ Uniphase

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To: Jeffrey James who wrote (1088)	2/1/1999 1:55:00 PM
From: Robert Sheldon	Read Replies (2) of 1261

I really do not pay a whole lot of attention to stock splits. It does nothing for shareholders. Just look at Berkshire Hathaway (Warren Buffett's Co, it grew at a rate of 25% plus for many years . . . ) the price per share is now in the US $67,000 range. The lack of stock splits did not hold this company back. My point is, in today's market environment, where the momentum jesters tend to ignore company fundamentals and buy just because of a split . . . the lack of a split could actually assist us in maintaining UNPH in relative obscurity. MEANWHILE, . . . folks like you and I get to buy more at reasonable prices. Remember, most of us are saving for retirement and other goals. For us, the goal is to buy great companies cheaply, and then the day before retirement watch the stock move up a couple thousand percent. :-)

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