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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: DRRISK who wrote (49270)5/28/2002 3:52:28 PM
From: cfimx  Read Replies (1) | Respond to of 64865
 
>>In retrospect, it certainly looks like a poor decision that both Sun and Oracle split their stocks two-for-one, at $60 and $50 respectively, in late 2000. Sure, both did splits about a year earlier at around the same prices and both stocks continued to climb. But didn't anyone wonder if the party was going to end at some point? Or didn't anyone notice that shares outstanding at Sun had ballooned to more than 3.2 billion, and to nearly 5.5 billion in the case of Oracle? (Even with their stocks in single digits, both companies still sport blockbuster market caps: Sun at $20 billion and Oracle at $46 billion.) <<

Brilliant!! They'r getting it. They're finally getting it.
Splitting became a MINI-MANIA.