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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (38951)3/2/2000 7:40:00 PM
From: djia101362  Read Replies (1) | Respond to of 74651
 
CJ, this may be a bit premature but since you're talking about 3 digit bases I wanted to bring up the subject of a potential MSFT stock split later this year.

Personally, I hope MSFT does not split the stock this year at all. I would like to see management let this stock get up to $400 before even considering another stock split.

This market has a strange mentality and stocks with extremely high prices tend to attract even more investors. Before/"old economy", stocks were split to make them more affordable for the average investor although a stock split really does not accomplish that at all. But today/"new economy", investors have displayed a passion for high priced stocks and if anything, a high stock price tells people "this stock is going up and this is where your money should be".

Beep Beep, Choo Choo, MSFT coming through!!