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 : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (2016)1/8/1999 2:32:00 PM
From: Labrador  Read Replies (1) | Respond to of 41369
 
I'd buy some BRK.A but can't buy 100 shares due to its price. So if the share price were at a more reasonable level, it would have demand from me. I'd love to own it, but don't want to buy either the class A or class B shares.



To: Chuzzlewit who wrote (2016)1/9/1999 2:05:00 AM
From: Buffalo Bob  Read Replies (1) | Respond to of 41369
 
Stock splits are relevant .....

I think we can all agree that a stock split does not change a company's fundamentals and does not increase the value of a share of stock.

However, companies that regularly split their shares are doing very well (revenues, earnings, etc.) and as a result have had their stock price appreciate. So basically a company will split its shares because the company is doing great. The company is not doing great because it split its shares.

But no matter what we believe, the fact is a company that announces a stock split usually has an immediate increase in its stock price and everyone knows it. This is a phenomenon that I don't understand and don't try to understand. I just try to profit from it.

AOL has now had 5 stock splits. They have split twice at the stockholder meeting and three times with earnings. They normally split when the stock is over $100. I guess we shall soon see.

Bob