Qualcomm Inc (QCOM)

[pajaso-pajaso]

understanding the split...


I understand that the upcoming stock will split each held share of stock two for one.

If I understand, a holding of 5000 @60 shares before the split will net 10,000 shares @30 post split.

Is this a correct basic view of a split??

Would the basis still remain the price you paid for the shares at the time purchased, or would there need to be a recalculation of the basis to account the split?

Anyone??