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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: Brad Patton who wrote (4474)1/21/1999 5:16:00 PM
From: wiley murray  Respond to of 8220
 
Any projections on IBM opening and closing price tomorrow? My projection is that it will open at 203 and close at 207!



To: Brad Patton who wrote (4474)1/21/1999 6:50:00 PM
From: Arrow Hd.  Read Replies (1) | Respond to of 8220
 
These analysts are off base. A split does not get discussed until
there is an IBM Board of Directors meeting, which by
the way, meet each quarter after earnings are out so there is no way
to have a split announced just yet unless there was a special board
meeting. Once the strategy is agreed then it can be announced with
a split date. If you recall a few years back when the last split
happened, Gerstner said to "stay tuned" for a split and dividend
increase. That happened after the 4th quarter earnings came out.
A formal announcement followed with a split date of record in May.
Nothing is off track here. Of course, if you subscribe to the theory
that a ten or two fives are the same it all doesnt matter.



To: Brad Patton who wrote (4474)1/21/1999 11:10:00 PM
From: art slott  Respond to of 8220
 
>''IBM.com investors don't realize there aren't enough shares to split two-for-one,'' Jones said, <

Huh?



To: Brad Patton who wrote (4474)1/22/1999 12:42:00 AM
From: saju chacko  Read Replies (3) | Respond to of 8220
 
what does that mean...

not enough shares to split....

""""IBM.com investors don't realize there aren't enough shares to split two-for-one,'' Jones said, referring to overly enthusiastic momentum investors who may not have done their homework before speculating on a share split.""""

i thought the number of shares outstanding get multiplied and other numbers proporioned accordingly...

am i wrong? what is the correct procedure to split a stock?

Saju