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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (21133)	1/24/1999 9:43:00 PM
From: Proud_Infidel	Respond to of 77400

Splits themselves make NO difference whatsoever. Stocks which tend to split are those with growing EPS and this is what drives the price upward. If CSCO does not split it will go up regardless of price to 200, then 300 and on and on. Anyone believeing that splits themselves presage future stock moves should look at IOM. BK

To: puborectalis who wrote (21133)	1/24/1999 10:27:00 PM
From: ed	Respond to of 77400

Not only that split will make stock more affordable to small investors, psychologically, people like to buy at least 100s for each trading, but after split, the stock price will accelerate even faster for a company with high potential, because : The b/a spread is always $1/16 before or after the split, but the % of the stock price is higher after the stock got split.

To: puborectalis who wrote (21133)	1/24/1999 11:19:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 77400

But you're making a logically fallacious argument: the reason they split is because the price has gone up, not the other way round. That's the same kind of argument that goes: people get better when they stop seeing a physician. Bad advice, wouldn't you say ... <VBG> Also, if you look at peer groups you will find that high priced stocks do not have lower P/Es than their lower priced brethren. Finally, if you look at a chart of Dell you cannot tell where the stock split from price movements. It would be pretty hard to convince people that the value of BRK.A is depressed. TTFN, CTC