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Nokia Corporation Message Board

  • bjbk bjbk Mar 24, 1998 7:14 PM Flag

    What happens when a stock splits

    when a stock splits it lets you buy a expensive stock at a price that is more atractive to small investors or investors that
    think that a 107 noka share is too dear. Now for example if the share was to trade at $60 all these people who thought that the
    stock was to expensive at 60 will buy it and therefor push up the price of the stock because if all the ones have been sold at 60
    then the people will buy the ones at 60+. It is all very basic. Now if you look at CPQ on the other hand in my opinio if they did
    not split the stock all the way to $35 it would not have fallen as much. People are used to see a 1 to 2 dollar move a day in
    CPQ and in noka and therefor if the stock has been going up like it has then this stock split should be good and we could see a
    nice rise for some time.

    All the best, Bernd

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