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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Gregg Powers who wrote (27270)4/16/1999 12:46:00 PM
From: LindyBill  Read Replies (2) of 152472
 
Gregg, not to pick on you, but we have this conversation on every thread I read every time we have a split.

People make long posts "proving" that splits don't effect prices long term, and the argument goes on and on. I feel:

1: Short term, logic is lacking a lot in the market, but earnings, of course, win out in the end.

2: Like it or not, a lot of people like to buy round lots, and splits make this easier.

3: The market likes liquidity, and the more shares, the easier to make a market.

4: Hey, its fun! It makes the stockholders feel that the stock is going somewhere.

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