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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Technologyguy who wrote (3040)4/10/1999 12:22:00 PM
From: robert duke  Respond to of 28311
 
Yes, but the stock will not move up as fast if the price is this high. I realize it matters not, zip, but it should split to put more money in our pockets.



To: Technologyguy who wrote (3040)4/10/1999 12:23:00 PM
From: Bill F.  Read Replies (2) | Respond to of 28311
 
techguy- r.e stock splits.amen. are we distant cousins?(BG)



To: Technologyguy who wrote (3040)4/10/1999 12:55:00 PM
From: Sarkie  Respond to of 28311
 
Tech - I agree with you completely. There has been way too much talk about splitting of GNET, and all speculation. What difference does, or should, it make if the dollar is split into quarters, dimes, nickles or even pennies. It is still a dollar.

I also am of the belief that we, GNET'ers, have chosen the right internet stock. I feel this is one that is built on actual numbers, and not all blue sky. Time will certainly tell.



To: Technologyguy who wrote (3040)4/10/1999 4:33:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Institutional investors don't care whether they get 10,000 shares at 100 or 40,000 shares at 25

Techguy,

Well, if we were just discussing institutional investors you would be quite correct.

However, since most of us who reside with the "unwashed masses" really like to know we can pick up 1,000 share blocks (or smaller) of a particular stock at $35/share instead of 250 shares at $140/share.

It encourages non-institutional investors to buy the stock thus broadening out the shareholder base and increases trading liquidity.

Other than that, stock splits do nothing except make stock transactions a bit more expensive (especially for blocks over 5,000 shares) and create positive positive psychological effects among investors.

But then again, I ask myself why certain non-internet small caps growing at double digit rates in revenues and profits rate only single digit P/Es...

Go figure... :0)

Regards,

Ron