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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP. -- Ignore unavailable to you. Want to Upgrade?


To: briank who wrote (797)1/26/1999 7:13:00 PM
From: Dr. D  Respond to of 1434
 
How will this stock react?

IMHO: We will take a hit after earnings if, we don't get a split announcement. It happened at the end of 1Q 98. Of course there were
other factors including a SPO announcement with earning and no split announcement. Mspg went from a high of around 80.00(4/22/98 to low 50's on 6/1/98.

A 3 for 1 split was announced after the SPO completed.

I purchased 1k shared at 55 on margin and sold it at 150, day of split.

So I guess no split was a good thing last year.

But it's the FCC ruling on Broadband that will be interesting.

That said, I am confident we go much higher from here, by year-end.

Best

3d