SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (16756)1/2/1999 12:34:00 PM
From: tonyt  Read Replies (2) | Respond to of 27307
 
>Why would Yhoo split 3 for 1?? Why create such a large float??
>I think that 2 for 1 is more likely.

Reason for splits is usually to lower the price in order to create more liquidity. 2/1 only gets yhoo to $120, (a price where most companies split their stock). 3/1 gets it to $80, still pricey (in regard to liquidity), 4/1 gets it to $60 -- this is the price they should be looing to split to. A 4/1 shows confidence by management, anything less may be viewed as a disapointment.