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To: badon518 who wrote (6281)3/18/1999 5:52:00 AM
From: Doug Meetmer  Respond to of 19700
 
I believe the delayed stock split announcement was brilliant. Look what happened-they didn't announce the split initially and the stock fell 20 points the next day. We then had some buffering from the news about being added to the NASDAQ 100. Now a 2/1 split.

If the 2/1 split would have been announced on the day of the earnings release, WE WOULD HAVE TANKED ANYWAY because people wanted a THREE for one split. Instead, by delaying the split announcement and preannouncing that a split would likely NOT occur, some of the expectations were taken out of the stock. Therefore, with the SURPRISE two for one split announced, we are now poised for a rally!!

If the market stays up today we will surely close over $200.

Just my humble opinion.

Doug