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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (12005)	7/8/1998 2:25:00 PM
From: Logos	Respond to of 27307

RE: <<Splitting the stock would open the door for many people who can't pay 180+>> I never understood that point. Everyone here can pay $180, the question being how many shares you buy. Say a stock is at $200 per share and an investor/trader has only $2,000. Then they can buy 10 shares. If the stock splits 10:1, they can buy 100 shares. Big deal, it's still the same percentage of the company. The thing about a split is that it means there are more stocks out there to buy, so MM's can actually sell them or borrow them during high volume days. But a lot of these internet companies run up specifically because there was a lot of demand for their shares, compared to available float. You'd think splits would lower a stock price, but then logic went out the window a while back in this market, IMHO. Logos