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Danny Detail

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Re: revlis post# 177767

Thursday, 02/15/2007 12:29:16 PM

Thursday, February 15, 2007 12:29:16 PM

Post# of 432690
revlis .. Of course you know there is no reason that the price should go up after a stock split. Investors still pay EXACTLY the same price for a given percentage ownership in the company.

There was a time when individual investors thought that it was cheaper to buy into the company when it split but I think the sophistication level of most individual investors has gone well past that. I'm not suggesting that everyone should adopt Buffet's approach but I don't see any value in splitting stock at low levels, say under $100.

MO,
Danny
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