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To: chowder who wrote (104134)6/30/2008 8:50:23 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 206272
 
splits are totally irrelevant. DELL and CSCO had great appreciation despite many splits. BRK and GOOG had great appreciation despite never splitting.

splits just divide the number of shares--for some reason, for many decades $35 has been considered some kind of "standard" price per share, and apparently some companies like to get their share price back to that level via splits.

but are two $5 bills worth less than a single $10 bill? in 1999 QCOM went up 26-fold--an all-time record for an SPX company--despite splitting 16 to 1. what a great stock that was.