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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Merriwether who wrote (18753)1/21/1999 7:03:00 PM
From: Jon K.  Respond to of 27307
 
Paul, you are absolutely right! Getting double shares at half price does not make you a penny richer.

However the only thing might change is that the split COULD attract some small investors, like myself.

In order to buy 100 shares of YHOO today, I had to sell tons of my little stocks. If the share price is cheaper, it would be easier for small investors to tap into this stock.- which means more capital inflow. (I usually would not buy less than 100 shares at a time)

Jon