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 |
ANY OPPINIONS ON DISNEY STOCK SPLIT 4 FOR 1
T.R | Title | User | Personal Name | Date | Lines |
---|---|---|---|---|---|
74.1 | My brokers advise on Disney, don't own any myself | KA1GFN::HORTON | Ken Horton, KA1GFN | Tue Mar 03 1992 13:02 | 11 |
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 | |||||
74.2 | EPIK::FINNERTY | Tue Mar 03 1992 14:28 | 5 | ||
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? |