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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Andy Goett who wrote (1973)9/28/1999 10:38:00 PM
From: Lipko  Respond to of 13582
 
The implication is a split. Dr. J's market speak is consistent with the common explanation of splitting the shares to reduce the share price and make new purchases feasible for smaller investors - to broaden the pool of potential investors. Should be a big positive. John L.



To: Andy Goett who wrote (1973)9/28/1999 10:44:00 PM
From: SKIP PAUL  Read Replies (1) | Respond to of 13582
 
What on earth does this mean? If they split the shares, buyers just
get a smaller percentage ownership in the company.

Most Stock exchanges recommend that listed companies keep their share price at about $20 so that someone with $2000 can buy a round lot of 100 shares. Perhaps, that is what Dr J is saying.


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