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To: Chuzzlewit who wrote (21132)	1/24/1999 9:09:00 PM
From: puborectalis	Read Replies (4) \| Respond to of 77400

Splits make stocks more affordable making it easier for the stock to go up because it is question of supply and demand. Ever wonder why the stocks that split the most are the most financially rewarding and the stocks that don't are laggards.

To: Chuzzlewit who wrote (21132)	1/24/1999 9:36:00 PM
From: LindyBill	Respond to of 77400

splits make no difference. For the life of me I cannot understand why people get excited! Yeah, Chuzz, but its seems to make a difference in people buying the stock. More money comes in and it goes up faster. not reason, just emotion,but don't discount that factor!

To: Chuzzlewit who wrote (21132)	1/24/1999 9:36:00 PM
From: LindyBill	Respond to of 77400

splits make no difference. For the life of me I cannot understand why people get excited! Yeah, Chuzz, but its seems to make a difference in people buying the stock. More money comes in and it goes up faster. not reason, just emotion,but don't discount that factor!

To: Chuzzlewit who wrote (21132)	1/25/1999 12:41:00 AM
From: Daniel W. Koehler	Read Replies (2) \| Respond to of 77400

Chuzzlewit As in Dickens' "Martin Chuzzlewit"? You and I know that a split changes the economics of the Balance Sheet not one whit. However, not every one who buys stocks knows this and their irrational expectations can drive further buying in a feedback loop. I.e. Stocks go up because they are perceived to be possessing additional value after a split because they go up after a split!. Sort of like the recursive definition of a celebrity - someone who is famous by virtue of being well-known. Ciao, Daniel Long 20 Apr 100 calls!