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

To: Eric who wrote (21179)	1/25/1999 8:20:00 PM
From: Curtis E. Bemis	Respond to of 77400

Yes, Buffet does'nt like them. BTW, how many shares of BRK.A do you hold ?? <ggg> Yes, in long term they make no difference, but it sure makes it easier for Mom and Pop to buy em. They are cut out of BRK.A

To: Eric who wrote (21179)	1/25/1999 11:23:00 PM
From: Gemini	Respond to of 77400

You and Warren are both wrong. If Warren had split his stock to make it much more attractive to the average investor, he would have seen a greater appreciation IMHO than he has experienced, which I admit hasn't been anything short of spectacular. Plus you get the compounding effect. A stock that appreciates by $2 in one trading session advances by $200 on 100 shares and by only $100 on the original 50 shares, using a 2 for 1 in this example. And lastly, there's the psychological affect of believing one's buying a company at a cheaper price post-split and that it will eventually achieve past higher levels. Just my opinion, Allan