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


To: Hank Stamper who wrote (1038)9/22/1999 7:04:00 PM
From: Jazz102  Read Replies (1) | Respond to of 24042
 
Didn't JDSU split recently?
JAZZ



To: Hank Stamper who wrote (1038)9/22/1999 9:07:00 PM
From: BI*RI  Read Replies (1) | 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?>>

Because you're not getting half shares like your half cookies.

You can use the same dough to make two whole cookies instead of one. Some people prefer to have more smaller cookies instead of half as many bigger ones.

Those who limit themselves to metrics and reason to assess the market are constantly frustrated, for a great part of it is emotional. Emotions and thinking define human behavior. Each affects the other, but they are separate motivating factors.



To: Hank Stamper who wrote (1038)9/22/1999 10:12:00 PM
From: EepOpp  Read Replies (1) | Respond to of 24042
 
actually, it does make a difference if you have options.

where you once had one, now you have two. If the stock continues to go up, you can sell one of the call options and then use the proceeds to partially cover the cost of exercising the other one (should you actually want to own the shares or underlying outright). With only one option, you wouldn't be able to do that.



To: Hank Stamper who wrote (1038)9/23/1999 8:20:00 AM
From: Nichols  Read Replies (2) | Respond to of 24042
 
David, concerning a stock split, you ask "Why should it be worth more to a reasonable person?" Well, that quite simple- most investors are not reasonable!!!. Listen, I agree with you, in concept. The fact of the matter is a stock split DOES move a stock-period. Remember, if a person has $5,000 to invest if the stock trade at $100, he can only get 50 shares. Now that it split and it trades at $50, he can get 100 shares!! Twice as many shares. Doesn't that sound good to you? It's suddenly affordable! To many, many people, investing is more of an emotional decision than anything else.