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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: johnd who wrote (17435)3/8/1999 5:15:00 PM
From: Bryan Woodruff  Read Replies (2) of 74651
 
RE: If you held MSFT stock, would you sell tomorrow

This depends on your speculation of the stock... will it go up or down? The record date doesn't have any impact on the transaction -- if you sell shares after a record date but before the split trade date (and have actual documents rather than electronic), you are liable to return the shares to the rightful owner, they were part of the transaction. Perhaps this is purely psychological.

As is this: some people want to get in "after the split" so that they can buy more shares at a lower price. Again, this doesn't make sense -- if you are expecting the stock to continue to rise, buy it before the split. Buying 100 shares at $150 is better than buying 200 shares at $80.
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