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Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?

To: LLCoolG who wrote (651)	12/30/1998 1:11:00 PM
From: CMon	Read Replies (2) \| Respond to of 1945

No doubt. Nevertheless, that's awfully thin gruel. I have no pity for an investor that loses money when his investment decision is based on the interpretation of a split as an incremental signal of confidence from management if he was otherwise neutral on the stock. Also, while it may signal confidence that a crash isn't imminent, splits these days seem to be nicely timed to take the sting out of news that might distract the bulls. BKS buys Ingram: let's split AMZN. INTC selling a pretty sizeable piece of INKT: that's make a nice time for a split, too. And the most annoying thing is, it works.