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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

74.0. "DISNEY 4 FOR 1 SPLIT?" by SALEM::NEAULT () Wed Feb 19 1992 11:25

    ANY OPPINIONS ON DISNEY STOCK SPLIT 4 FOR 1
    
T.RTitleUserPersonal
Name
DateLines
74.1My brokers advise on Disney, don't own any myselfKA1GFN::HORTONKen Horton, KA1GFNTue Mar 03 1992 13:0211
   I do not have any opinions on it but I did ask my broker. He advised me
against it on the reasoning that that with the increase in number of shares
(due to it being a 4 to 1 split) that earning would then be divided over this
increase in number of shares. Hope that I explained it in a correct and
reasoable manner.

   Did the split already take place. What exchange and symbol are they under?
Has it done anything since the announcement or split?


		/Ken
74.2EPIK::FINNERTYTue Mar 03 1992 14:285
    
    there is essentially no difference in value when a stock splits.  look
    at it like this:  if I had a dollar in one hand and told you that I was
    going to issue a 4 for 1 split, would you pay any more than 25 cents
    per share?