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


To: Uncle Frank who wrote (12646)11/27/1998 5:05:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 74651
 
Nice thought, but the last two splits (12/9/96 and 2/23/98) have come at prices over $150.

But the first five (of the seven total) came at or below 120. The real question is at what price they were announced. On this last one MSFT ran up considerably between the announcement and the actual split. I know because I bought it just a few weeks before the announcement.



To: Uncle Frank who wrote (12646)11/27/1998 11:05:00 PM
From: abraves  Read Replies (1) | Respond to of 74651
 
Uncle Frank. I agree with you that when the stock actually split, it was above $150. But that URL you gave me, shows that the split (not the announcement) occurred on 2-23-98. Don't that mean that MSFT announced the last split somewhere around 1-20-98 (At Earnings release a month earlier than 2-23-98), when the stock was priced about what is now ($130), and then it ran-up to over $150 before the split actually occurred? I really think we are in for a split at the January earning.