i bought some of this stock this year and it has moved up nicely. Do you think this company will be sold or merge in the future or do you think there will be a stock split. The last split was at a lower level than the present level of the stock??
It is diffucult to think of a reason why the board would not chose to split...the 1986 split was at a much lower price level...the 1996 split was at a lower level held for about the same length of time. The long standing stock buyback policy certainly indicates that the board and management have stockholder benefits high on their list of priorities. In fact, you could make a strong case that a good portion of the recent strength is in anticipation of a split