SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (41603)5/18/1999 8:10:00 PM
From: sammaster  Respond to of 86076
 
the split artificially keeps the stock price higher temporarily..
for example..
dellhead sees price dip to 35....only 35!!!!!....he then load up on shares and if it dips further he buys more on margin...
meanwhile the insiders are dumping their shares at the artificially high price...notice the amount of insider selling recently..
stock split was really good move for insiders

samir



To: Lizzie Tudor who wrote (41603)5/18/1999 8:21:00 PM
From: Bill F.  Read Replies (1) | Respond to of 86076
 
agreed but i think they knew making the estimates would be a close call.i.e if the guess is 32 cents and you deliver 31.4 that becomes 31' and you "miss" but if you split stock 15.7 becomes 16 and you "make " the number.they are hovering around these numbers and depending on share count it could easily have happened.really ,they have dis appointed vs EXPECTATIONS for three quarters now. next quarter they are cooked.life is tough at 80x eps when you make a commodity product.