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To: Sarmad Y. Hermiz who wrote (54473)5/1/1999 3:50:00 PM
From: KeepItSimple  Read Replies (4) | Respond to of 164684
 
Nobody ever went broke by underestimating the intelligence of their customers. I can't recall a split that didnt cause an internet stock to double. I mean that.

If Bezos gets 1 billion of relatively free cash when the price goes over $234, you can bet your last dollar that it will go above 234.
I can't believe anyone here can even have the slightest doubt.

The easiest method to do this is to announce a 3:1 split next week, which is what will occur.

Anyone who has ANY belief that this game isnt rigged, really shouldn't be playing. Today's NASDAQ has become the largest producer of wealth in the history of mankind, and with ultimate profits comes ultimate greed, and there are plenty of people who always keep going right up until the shiny bracelets get slapped on them, just as in previous manias. I read yesterday that the feds are doing informal investigations at almost all the online brokerages and day-trading firms, in order to determine what impact all of us are having on the volatility of our markets. At least they've finally woken up to the issues.


> A split ? But you really have to be convinced that investors are >utter morons for that to work.