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To: Jeff Mills who wrote (17653)1/12/1999 8:46:00 PM
From: tonyt  Read Replies (2) | Respond to of 27307
 
>5-for-1 would have been a HUGE mistake. Management knows this.

Why? A 5/1 would put the stock at $80, a reasonable price to trade. The purpose of a split is to put the price in a more reasonable range, not to reward the shareholders with additional shares. If they want to make a 'payment' to stockholders, let them declare a cash dividend.

Split should have been 5/1.