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

To: saief who wrote (16146)8/19/1998 2:15:00 PM
From: Sonny  Read Replies (2) | Respond to of 77400
 
I would say you are late to the burst party (split) ... they were recorded last Friday ... actual split will be seen next month.

Someone correct me if this info is wrong.

Moreover, for the short term, you may be entering at the high R/R point now... though eventually, it will be just all noise in the long term.

regards,
-/Sonny.



To: saief who wrote (16146)8/19/1998 3:08:00 PM
From: Uncle Frank  Respond to of 77400
 
If you buy 500 shares of csco today, when the stock splits (3 for 2 on 9/15), you will have 750 shares. If the stock closes at $120 the day before the split, it will open at $80 on the day of the split. The value of your holdings will not change due the split itself. The math is:

Before Split: 500 Shares @ $120 = $60,000
After Split: 750 shares @ $ 80 = $60,000

Hope this helps,
Frank


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