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To: Nick DeVito II who wrote (796)10/6/1999 10:36:00 AM
From: Keith Fauci  Read Replies (2) | Respond to of 1169
 
That is the general reason why companies split their stock. The individual investor would be just as well served by buying 50 shares instead of 100. If a stock moves up 20 percent, it does not matter whether the holder owns 50 shares at 100 or 100 shares at 50, his original investment still was up 20%. I do understand that round lots look better though!


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