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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Greg Keeler who wrote (5842)1/25/1999 5:33:00 PM
From: professor  Respond to of 21876
 
greg,
you are correct in that statement that stock splits do nothing in terms of value. However, stock splits have a psychological effect of a more affordable stock price. But more importantly, it indicates management's belief that their is continued growth opportunities that will allow for the stock to rise. just my two cents.

Cheers..GO ASND/LU...



To: Greg Keeler who wrote (5842)1/25/1999 6:03:00 PM
From: thebeach  Read Replies (1) | Respond to of 21876
 
Boy what an idiotic thing to say,what school of business did you go to? You must have said that to provoke a response.


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