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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (7690)	6/26/1998 10:39:00 AM
From: Paul Merriwether	Respond to of 164684

<< By the way splits don't mean anything!!! They just add a little spice to the whole game!!! AMZN will come crashing down!!!! >> NASDBULL You are absolutely correct that splits don't mean anything as far as the fundamentals, eps etc. and it is true that quite a few stocks head south after split. However, story stocks w NO earnings and little long term future benefit from split. They become more "affordable" since a lot of people only trade in blocks of 1000 and its easier to find untied 50K instead of 100K. Also the loss per share(yeah with amzn it will always be that!) decreases. I think the most important thing to consider is that this is the 8th year in a bull market and some people have been rewarded in the past playing splits. These "pavlovian" bulls will keep doing that, until they get a few shocks...