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

To: mauser96 who wrote (21211)	1/26/1999 10:52:00 PM
From: Jack Whitley	Respond to of 77400

<<But Buffett basically did the same thing as splitting by offering a second set of cheaper shares.>> He offered the B shares not as a substitute for splitting, but felt forced to when he became aware of a plan by a monied group to buy a large number of A shares and create a unit trust, and sell lower-priced "units" (fractional shares + usurious commissions) to individuals. He has said he doesn't split the stock because he wants "his kind of group" (long term hold) investing with him. jww