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E-BAY

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  1. [verwijderd] 29 augustus 2003 20:11


    eBay Halved
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    By Rick Aristotle Munarriz (TMF Edible)
    August 29, 2003
    You got out of bed, poured yourself a cup of coffee, and casually logged on to see how your portfolio was doing this morning. Everything was going fine. Pleasant thoughts rattled about as birds chirped outside your window.

    That was, of course, until you pulled up a quote on eBay (Nasdaq: EBAY) to find that it was trading at roughly half what it was fetching yesterday.

    What in bidding blazes is going on here, eBay? Meg, Meg, Meg, what have you done? "This was the same company that once acquired Half.com," you mutter, "and now it's halved and I'm gone!"

    Relax. Wipe those java stains off your computer monitor. It's only a stock split. Yes, prices were halved on shares of eBay last night, but investors now own twice as many shares as they used to in the world's leading swap site.

    Why do companies split? The common argument is that a lower price point makes a stock more attractive for investors. Don't believe it!

    You don't need to be babied like you're ordering a footlong sub at Subway. However, it's the same principle. You're getting that sandwich cut in half, but if you eat two halves, it's the exact same meal eaten whole.

    Thanks to the emergence of low-cost discount brokers, it's no longer a commission-gouging task to buy in odd lot sums. Fundamentals will ultimately dictate a fair price, regardless of how many shares it has to be divided into to get there.

    So feel free to go on with the rest of your day as planned. There's really nothing to see here, so it's best to move along.

    If you still think stock splits are necessary to achieve long-term capital appreciation, two words will always serve as the ultimate argument killer: Berkshire Hathaway (NYSE: BRK.A).
    vrgr.
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Aalberts 466 7.124
AB InBev 2 5.540
Abionyx Pharma 2 29
Ablynx 43 13.356
ABN AMRO 1.582 52.226
ABO-Group 1 25
Acacia Pharma 9 24.692
Accell Group 151 4.132
Accentis 2 267
Accsys Technologies 23 10.892
ACCSYS TECHNOLOGIES PLC 218 11.686
Ackermans & van Haaren 1 192
Adecco 1 1
ADMA Biologics 1 34
Adomos 1 126
AdUX 2 457
Adyen 14 17.850
Aedifica 3 926
Aegon 3.258 323.088
AFC Ajax 538 7.092
Affimed NV 2 6.305
ageas 5.844 109.907
Agfa-Gevaert 14 2.065
Ahold 3.538 74.353
Air France - KLM 1.025 35.296
AIRBUS 1 12
Airspray 511 1.258
Akka Technologies 1 18
AkzoNobel 467 13.051
Alfen 16 25.320
Allfunds Group 4 1.519
Almunda Professionals (vh Novisource) 651 4.251
Alpha Pro Tech 1 17
Alphabet Inc. 1 425
Altice 106 51.198
Alumexx ((Voorheen Phelix (voorheen Inverko)) 8.486 114.826
AM 228 684
Amarin Corporation 1 133
Amerikaanse aandelen 3.837 244.001
AMG 972 134.481
AMS 3 73
Amsterdam Commodities 305 6.745
AMT Holding 199 7.047
Anavex Life Sciences Corp 2 496
Antonov 22.632 153.605
Aperam 92 15.063
Apollo Alternative Assets 1 17
Apple 5 386
Arcadis 252 8.807
Arcelor Mittal 2.035 321.005
Archos 1 1
Arcona Property Fund 1 287
arGEN-X 17 10.357
Aroundtown SA 1 221
Arrowhead Research 5 9.751
Ascencio 1 28
ASIT biotech 2 697
ASMI 4.108 39.633
ASML 1.766 110.416
ASR Nederland 21 4.513
ATAI Life Sciences 1 7
Atenor Group 1 522
Athlon Group 121 176
Atrium European Real Estate 2 199
Auplata 1 55
Avantium 32 14.039
Axsome Therapeutics 1 177
Azelis Group 1 67
Azerion 7 3.449

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