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

To: Tulvio Durand who wrote (17063)	9/15/1998 11:53:00 AM
From: Jacques Tootight	Respond to of 77397

Does anyone know why stocks generally lose ground on splits? Actually Tulvio, stocks usually move upward around stock splits. They historically show a run after the announcement and then again in the days just prior to and just after the split. Typical action shows a little sell off a few days after the split. You have buyers who perceive more value in a split stock which causes the run. The sell off is usually a result of traders who play the split taking their profits. It's actually usually a very good trading practice. Stock price today is not following the script, not sure why. Cheers - RC