To: Teflon who wrote (18407 ) 3/21/1999 12:32:00 PM From: Richie Read Replies (2) | Respond to of 74651
MSFT SPLIT HISTORY Split Payable Date Type Closing Price before/after ----------- First Sept. 21, 1987 2 for 1 Sept. 18- $114.50/ Sept. 21-$53.50 ---------- Second April 16, 1990 2 for 1 April 12-$120.75/ April 16-$60.75 ---------- Third June 27, 1991 3 for 2 June 26-$100.75/ June 27-$68.00 ----------- Fourth June 15, 1992 3 for 2 June 12-$112.50/ June 15-$75.75 ---------- Fifth May 23, 1994 2 for 1 May 20-$97.75/ May 23-$50.63 ---------- Sixth December 9, 1996 2 for 1 December 6-$152.875/ December 9-$81.75 ----------- Seventh February 23, 1998 2 for 1 February 20-$155.13/ February 23-$81.63 ---------- Eighth 2 for 1 common split announced January 24, 1999 ******************************************************** 9/21/87 week before week after close= 115.25 open= 53.5 high= 119.25 high= 62 open= 116.5 close=62 CHANGE= -1.1% CHANGE= +13.7% 4/16/90 week before week after close= 120.75 open= 60.75 high= 121.00 high= 60.75 open= 113.75 close=59.25 CHANGE= +5.8% CHANGE= -2.5% 6/27/91 week before week after close= 100.75 open= 68 high= 102.25 high= 71.375 open= 101 close=64 CHANGE= -.25% CHANGE= -5.9% 6/15/92 week before week after close= 112.5 open= 75.75 high= 118.25 high= 75.75 open= 120.75 close=73.5 CHANGE= -6.8% CHANGE= -3% 5/23/94 week before week after close= 97.75 open= 49.0 high= 99.25 high= 52.75 open= 96.25 close=52.375 CHANGE= +1.6% CHANGE= +6.5% 12/9/96 week before week after close= 152.875 open= 78.375 high= 159.5 high= 85.25 open= 157.5 close=80 CHANGE= -3.0% CHANGE= +2.1% 2/23/98 week before week after close= 155.125 open= 80.9375 high= 158.75 high= 86 open= 158.625 close=84.75 CHANGE= -2.2% CHANGE= +4.5% AVERAGES = -.85% +2.2% Here are my conclusions...................... Only 2 times did MSFT close up the week before the split, but, 4 times out of 7 it closed up after the split and 3 of those were significant percentage gains. Note, a couple of the closing numbers from MSFT home page do not match the historical quotes from YAHOO, but they are close enough. RichieH