Buy JetBlue For Less

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Here's your chance to purchase shares of JetBlue for less.  (Well, not really
but some companies like to think so.)  JetBlue has declared a 3 for 2 stock
split effective mid November.  Let's say you own 100 shares of JBLU right
now..come 11/20 you'll own 150 shares.  Have you made more money because of the
split...nope.  You just have more shares worth less per share than before.  The
value remains the same.  However some mgmt types like to keep the price of
their common shares low so commoners can load up.  Then there are the Warren
Buffetts of the world who say "let them eat cake" and never split.  That's why one
share of Berkshire Hathaway A trades for over $77,000.  But even the Oracle of
Omaha feels our pain and created Berkshire Hathaway B shares which trade for
a paltry $2,500 per share.  Guess this makes the JBLU split more appealing
with a target price of $45 based on today's trading!

RT Simpson
Phoenix

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