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To: J.N.N. who wrote (1343)2/19/1999 11:56:00 AM
From: B. A. Marlow  Respond to of 28311
 
"Half-price" shares of a post-split stock often irrestible, John.

"Split psychology" can be powerful, but it's a bit quirky. Splits don't always have the anticipated effect, and sometimes the effect is delayed.

Incidentally, the float doubles after a 2:1 split, as does total shares outstanding, but each investor's dollar value position is unchanged.

BAM



To: J.N.N. who wrote (1343)2/19/1999 11:58:00 AM
From: Trevor Quest  Read Replies (1) | Respond to of 28311
 
John. I agree. I have traded in and out a few times and done well, but only because I was lucky enough to catch the move from 50 to 120. I am still long some but I will start trading with twice the shares once the split happens. I am torn with this stock because I think it is a great long term hold but profits can also be made in short term trades.

Good luck - TQ


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