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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: blast_investor who wrote (5801)4/6/1999 1:37:00 PM
From: Curtis E. Bemis  Respond to of 13953
 
It split on 1/30/99 and price was 55 3/16 X 2



To: blast_investor who wrote (5801)4/6/1999 1:45:00 PM
From: ecommerceman  Respond to of 13953
 
EGRP announced their split at approximately 55 or 60, as I remember, but by the time the split actually took place it was around 100 or 110 (both numbers are pre-split, of course). That makes me believe that, with their stock in the upper 70s, an announcement of a split is extremely likely; this is a company that sells a good many of its shares to its own customers (by definition small to mid-size investors), and they know that if their stock gets too pricey it receives greater purchase resistance from the bulk of its clientele.

Assuming the stock stays where it's at or goes higher, I bet we have a split announcement in the next two months.