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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (3510)	2/17/1999 8:00:00 PM
From: Joseph Lee	Read Replies (1) \| Respond to of 57584

Rande Is: I have a couple questions on splits? I bought QLGC at 130 last week waiting for the Feb. 22 "2-1 split". 1. Do the MM's drop the price of a stock to 50% from the previous days close,(2-1 split) the day of the split? If so, is this automatic in each case? Is the price drop due to a sell off or to regulations that on a 2 for 1 split there must be a 50% drop? 2. Is there a strategy for making money in splits? 3. Should I even be looking a company's that have announced splits? Thank you! Joseph Lee Pereira