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EMC Corporation Message Board

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  • wooglin_kai wooglin_kai Oct 16, 2000 4:36 PM Flag

    Split on earnings

    If there is a split and EMC rises to $110, I
    would expect the shares to (absent any REAL FUNDAMENTAL
    NEWS) retrace back to where they were priced prior to
    split announcement. Sometimes two mints are not better
    than one!
    Spit announcements may benefit short term
    traders, but I would prefer fundamentals to support a
    stock, especially the higher PE stocks, like EMC, which
    BTW, I am long.

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