SI
SI
discoversearch

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 : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (1516)12/3/1999 5:28:00 PM
From: LowtherAcademy  Read Replies (1) | Respond to of 2702
 
The question in my mind would be what type of split. 4 for
one sounds about right considering things. However, this
is wild speculation and i leave it to more knowledgeable
hands to provide some guidance.
Lew



To: Andrew who wrote (1516)12/3/1999 5:28:00 PM
From: Robert Sheldon  Read Replies (3) | Respond to of 2702
 
A split does nothing for institutional folks who want into a stock. They are looking to buy 3% to 9.9% chunks of a company's value not just shares. Thats a market cap problem, not a number of shares problem. The point is this: The majority of the company's shares (and thus market cap) are held tightly and not likely to be released. That is why I was pleased to hear (a rumor at this point) that management has let loose of a few shares. But those too have been snapped up for now. Folks that I am aware of hold at least 10% of the supposed "float". That is one reason why blocks are hard to come by - the float is not really as big as folks think it is.

Yet another reason splits are overrated.