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

To: Randy Ellingson who wrote (16396)	12/29/1998 12:08:00 AM
From: HG	Read Replies (1) \| Respond to of 27307

Randy, I was busy with other things....apologise for being late. <<< That you'd rather see a 2:1 split, due to concerns over possible pullback in the share price? Or that you think they may not split with this quarter's earnings report?>>> The 3:1 split is going to increase share availability. Fund Managers can finally get a piece of the cake. From the stability point of view the split makes sense. It may, however, provide a level of affordability which may be detrimental to the health of the stock in the short term. Since the stock trades on demand and supply principles, the demand being high, the price will quickly pile up again. Look what happened to AMZN. Whether the market cap is justified or not from fundamental viewpoint, the increase in marker cap would bring more negative publicity from the media and analysts. And this could lead to introduction of a destabilising factor. Thus some of the gains in the context of stability may actually be offset by the random increase in mkt cap. Purely from human psychology point of view, I'd hesitate with a 3:1 split. I'm not comfortable stating that the stock will not split with the earnings. Too many people with more experience than myself in the market are predicting a split and I can't discount that......but the concerns I have are real. I guess we just have to wait and see. Regards.