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To: Phil(bullrider) who wrote (195)	1/19/2000 5:03:00 PM
From: The Other Analyst	Read Replies (1) \| Respond to of 214

You say count you in the camp that likes stock splits. But is your liking them based on anything substantive? all the academic research I have seen says they are irrelevant. Sure stocks that split a lot do better, but correlation is not causation. If the company does well, then the stock goes up and then the stock splits to stay in the normal trading range. I can see where psychologically one would like splits because in the past splits were associated with stocks that made money for the investor.