Browse past tech stock questions and answers in the Ask Matt archive . But at least in Cisco's case, the stock has tended to drift downward in the wake of splits. Prior to the March 22 split, Cisco last split its stock on June 22, 1999. After that split, the stock traded slightly down for a few weeks. In fact after the March 22 split, Cisco's stock actually rallied.
Analysts insist splits have no bearing on stock prices.
So, if you've done your research on a stock and want to buy it, just buy it. After all, Cisco's stock eventually multiplied after each of its splits.