Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Zog who wrote (81198)	12/27/1999 1:16:00 PM
From: MythMan	Read Replies (1) \| Respond to of 86076

You are getting things, are you? -g- Shares of Commerce One, a maker of business-to-business software, jumped as much as 4.7 percent after the company split its shares 3 for 1. The shares rose 4.75 to 204.13 in early trading after reaching 208.63. Commerce One's shares have increased more than 2,800 percent since it first sold them at $21 each in July. Splits do nothing more than redistribute a company's equity over a larger number of shares. Still, investors perceive them as bullish indicators of the company's prospects. Companies involved in Internet-related businesses that have announced stock splits have seen their shares surge. The Walnut Creek, Calif.-based company's shares have climbed on optimism that it will benefit as business-to-business e-commerce booms to $1.38 trillion by 2003 from $30 million last year, according to International Data Corp. company reported a third-quarter loss of $10.4 million, or 45 cents a share, on revenue of $10.4 million. (Very important -g-)