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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (27279)4/16/1999 12:51:00 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I always feel in the short term a stock goes down after a split. It allows weaker hands to own the stock. They are usially washed out at the first sign of trouble. If anything I believe you can, or should buy it cheaper with more supply out there. I hear this argument that institutions will begin to buy because of a bigger float, and that is what drives the price up???????I dont think I believe that either.



To: LindyBill who wrote (27279)4/17/1999 2:32:00 PM
From: Alan Hume  Read Replies (1) | Respond to of 152472
 
Hi LindyBill,

RE splits,
I think you missed out the most important point in your list:
When a company announces a split, it is a statement of confidence in their future business (unless they happen to be called IOMEGA)

Alan


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