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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: KYA27 who wrote (7948)5/20/1999 10:23:00 PM
From: Jim Ray  Read Replies (1) | Respond to of 21876
 
KYA27,
Why is that every time I own a stock that is doing well, some one that doesn't own it, feels the need to tell me how stupid I am for owning it? Why is Haim concerned with our welfare, since we are not the least bit concerned about his? Could he have a hidden agenda? <ggg>
Jim



To: KYA27 who wrote (7948)5/21/1999 12:17:00 PM
From: Lerxst  Read Replies (1) | Respond to of 21876
 
KYA27,

It wasn't Haim on the Yahoo boards, it was me and the logic still holds regarding splits and historical stock prices.

Bottomline, based on todays outstanding number of shares in both corporations, LU and NT were trading at approximately the same share price of $28 in October of 1998.

Comparing the relative perfomance of the two companies since October of 1998, LU has gone from ~$28 to ~$58 today, while NT has gone from ~$28 to ~$78.

And, if NT were to split today, say 2:1, the relative performance would be ~$14 to ~$39, but it doesn't change the percent return of the period involved.

Regards,

Lerxst