CMGI What is the latest news on this stock? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CMGI What is the latest news on this stock?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DJ Oglesby who wrote (7762)	4/29/1999 3:54:00 PM
From: Ken	Read Replies (2) of 19700

>> I've never understood why they often cause share prices to spike. Yeah. It really has gotten crazy. I guess its more a matter of mass psychology than anything else because a split does not increase or decrease the value of a company. However, a split announcement drives prices higher, which in effect increases the value of a company. Crazy. And I am "split" on the analogy :) I find it vague to compare the division of a physical entity of which there is limited supply (cutting a pie) to an accounting activity (splitting a stock). By splitting, a company is overcoming the "limited" supply aspect of reality (I realize there is a new "limited" supply, but a stock can split infinitely, in theory)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next