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


To: HG who wrote (16450)12/29/1998 12:49:00 AM
From: Randy Ellingson  Read Replies (1) | Respond to of 27307
 
I guess we just have to wait and see.

Yeah, I know what you mean re: the split. I was definitely comfortable with AMZN not splitting their shares following Q2's report, and I'd be comfortable with a 2:1 on Yahoo instead of a 3:1. Or even no split would be fine. Short term, some may say that's an indication that management thinks the stock is overvalued. That isn't always true though, is it?

I don't think it makes much difference for a long term hold (hopefully not more than five years), other than some may fear further steep price prices may trigger an economically detrimental tech stock crash.

Hopefully the future health of the Internet and advancement of technology don't hinge on the current market being nonvolatile!

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.

You think Fund Managers can't buy their fair portion of shares as it is?

Randy