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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: jo anne moore who wrote (32904)	3/22/2000 12:47:00 PM
From: Tulvio Durand	Respond to of 77399

JoAnne, you will get split if you buy at pre-split price. Some sell-off generally occurs after split, but can't count on it. Tulvio

To: jo anne moore who wrote (32904)	3/22/2000 1:55:00 PM
From: PMS Witch	Respond to of 77399

General rule: If you pay today's price, you get today's stock. If it splits tonight, you'll have more shares tomorrow, at tomorrow's price, roughly half today's. Brokers handle this stuff automatically when you allow them to hold your shares on your behalf. Stock certificates are a little more work; hence, most people choose not to use them. Cheers, PW. P.S. Since many brokers charge commission based on number of shares traded, more shares mean more commission. In reality, the price fluctuations overshadow commission changes and wether buying today or tomorrow is wisest will depend more on price movement than share quantity: After all, two shares tomorrow is exactly the same size piece of the company as one share today. P.P.S. There are people, a minority, who believe that shares splitting will trade at their pre-split price, giving today's purchaser an almost 100% windfall overnight. The sobering reality and accompanying disappointment insures this mistake is not repeated. Still, the 'myth' persists. Cheers, PW.