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Technology Stocks : CMGI What is the latest news on this stock?
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To: DJ Oglesby who wrote (7753)4/29/1999 3:30:00 PM
From: Mark Peterson CPA  Read Replies (1) of 19700
 
DJO, don't know if I'm addressing the right question, but when a stock split occurs, it's true your piece of pie is halved, but they make up for it by giving you a second piece, effectively making you whole, again. Where before you had one piece of pie worth 10 cents, now you have two pieces, each worth 5 cents, effectively the same value before the split.

Institutions generally like to see more than 46M shares outstanding before they really lay into a stock and buy it for their portfolios. Some institutions have restrictions on investing in stocks with fewer than 100M shares outstanding, 400M shares outstanding, etc.

Hope this helps,

Mark A. Peterson
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