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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Nichols who wrote (1037)9/22/1999 5:38:00 PM
From: Hank Stamper  Read Replies (4) | Respond to of 24042
 
A stock split is just like taking one cookie and breaking it into two. Same cookie. Same sugar content. Why should it be worth more to a reasonable person?

I have a two year old granddaughter. If I offered her the choice between one whole cookie and two halves of the same cookie, she'd take the two halves. But then, she is only two and thinks that, somehow, two halves is more than one whole.

Ciao,
David Todtman



To: Nichols who wrote (1037)9/22/1999 5:48:00 PM
From: Trader Dave  Read Replies (1) | Respond to of 24042
 
By the definition of the gorilla game, JDSU is already a Gorilla. Kings and princes (and others) play in a different ballgame with significantly lower barriers to entry.

I agree with the last poster that stock splits are ALMOST mathematically meaningless. But they are not completely meaningless.

A higher share count means higher trading volumes and it is rare to see a stock split announced when the outlook for a business is weakening. It's somewhat a commentary on management confidence.

TD