EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: dennis michael patterson who wrote (4160)	2/2/1999 4:32:00 PM
From: JDN	Read Replies (1) of 17183

Dear Dennis: Well, I am betting there will be a split. He is probably awaiting the MOST proper time. Here is why I feel this way: In order to have a successful stock split management must be convinced that their revenue and earnings are going to continue to grow rapidly. With that in mind they usually want to broaden the potential buyers of the stock and there is no doubt that a $50 stock attracts more buyers than a $100 stock. Theoretically it shouldnt but that is just the way it is. Since we have every reason to believe the Revenue and Profits will continue their fast pace of growth, and the stock is now priced historically quite high I dont see how they can not have a split. Then there is the Peer Pressure--all the other successful companies are doing it. JDN

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