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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.
ARMH 67.770.0%Sep 6 5:00 PM EST

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To: W D J Moore who wrote (94)3/8/1999 2:08:00 PM
From: James C. Mc Gowan  Read Replies (1) of 912
 
RE: ARM creates more shares, increases float
Thank you for posting this info; this is a signal that a split may be coming, possibly to be approved along with the increase in shares available, during/after the upcoming meeting in April.
With the flood of good news/increased licencing agreements for ARMHY recently, there may be more institutional interest in this issue, but with average trading of 10K to 20K shares on Nasdaq, there is less opportunity for larger players to take a position in ARMHY without disrupting share price, short term.
The technical indicators are most positive for ARMHY at this time, even with the recent run up after earnings
I have been reluctant to "pay up" to increase my position at these levels, but it may be prudent to go forward anyway.
Any thoughts?
Regards,
vocex
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