Last quarter, the price ran up into the earnings announcement (on 1/20) and then a slight pullback and on 1/25 they announced a 2:1 stock split. It is believed that this time they will again announce a split with earnings (maybe even 3:1 this time). So, it is up to you how you play it, but you might be able to sell after the announcement and buy back cheaper a few days later according to these numbers.....
DATE CLOSING PRICE OPEN HIGH LOW VOLUME -------- ------------- -------- -------- -------- ----------- 2/09/1999 65 1/16 75 1/2 78 64 3/8 2,817,500 2/08/1999 80 92 5/8 95 76 3/4 2,252,400 2/05/1999 95 1/2 106 3/16 110 92 1/4 2,438,400 2/04/1999 110 3/4 131 135 105 1/4 2,431,900 2/03/1999 128 9/16 106 1/4 131 7/8 105 1/16 3,158,000 2/02/1999 110 5/16 106 5/8 110 7/8 95 2,960,200 2/01/1999 105 85 3/4 110 1/2 82 4,774,300 1/29/1999 80 1/4 68 5/8 81 1/2 65 7/8 1,973,700 1/28/1999 66 3/4 64 1/4 67 7/16 62 5/16 1,149,800 1/27/1999 61 63 15/16 65 1/8 60 1,164,100 1/26/1999 60 3/4 58 1/2 60 7/8 57 1/8 1,352,200 1/25/1999 55 5/8 54 5/8 56 5/8 51 25/32 1,011,100 1/22/1999 50 46 3/8 54 7/8 46 3/8 1,162,200 1/21/1999 53 1/2 59 1/8 59 1/4 50 2,225,500 1/20/1999 57 54 15/16 61 13/16 53 1/2 2,192,800 1/19/1999 52 1/2 50 52 7/8 48 1/2 600,700 1/15/1999 47 3/8 50 1/4 54 46 1/2 593,000 1/14/1999 50 1/4 56 3/4 58 47 1,164,400 1/13/1999 51 35 61 32 3/4 1,885,500 1/12/1999 59 45 1/4 72 45 4,114,500 1/11/1999 43 37 3/4 43 3/4 36 5/8 1,202,900 1/08/1999 36 1/16 37 1/8 37 1/2 35 1/4 769,900 1/07/1999 34 1/2 30 1/4 35 3/4 30 907,500 1/06/1999 32 3/8 32 7/8 33 7/8 31 15/16 325,900 |