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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: abraves who wrote (12644)11/27/1998 4:47:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 74651
 
>>Possible Split ???

abraves, Nice thought, but the last two splits (12/9/96 and 2/23/98) have come at prices over $150. Miscrosoft has compiled a list of their split history at microsoft.com.

Frank



To: abraves who wrote (12644)11/27/1998 6:41:00 PM
From: t2  Respond to of 74651
 
Yes. I believe it will split. They know earnings are going to be great this quarter and next year. Last split was announced when price was 135. It had a big run-up after that news and split at 150.
Management does not want investors to believe that the stock will behave like IBM did when DOJ brought the suit against that company.
Being upbeat (and then delivering) about earnings and a stock split should ensure it does not happen. Hoping to see $150 by earnings.

Paul



To: abraves who wrote (12644)11/28/1998 7:04:00 AM
From: Reginald Middleton  Read Replies (1) | Respond to of 74651
 
IMO, splits are not really worth very much. the stock pops up temporarily due to the fact that more investors access to a round lot, but these are usually more naive investors who tend to cause additional volatility. The effects tend to cancel each other out over time. Focus on the fundamentals and the business propsects, both of which are superb for MSFT.



To: abraves who wrote (12644)11/28/1998 2:45:00 PM
From: Sonki  Read Replies (3) | Respond to of 74651
 
perhaps, someone can dig up msft split history? i thought it split around 160 or is it that it is at 160 @ split and announce sooner?

anyway i found some msft options in my accounts that i had forgotten about jan. 115. i was just waiting for them to die and all of a sudden they got nice value! jan 115 bot before the oct down turn.

it's like finding a $100 bill in your old coat pocket.