Sorry Stang I might have mispoken there. In any event here is an article that you might find interesting.
Jason Zweig is one of my personal favorites; his website is very interesting and informative. The Intelligent Investor that he revised (originally written by Benjamin Graham) ought to be required reading for people who want to invest in the stock market (in my personal opinion).
Anyway, this article gives some creedence to your thinking, but presents a fairly balanced view of stock splits:
http://www.jasonzweig.com/uploads/3.01Splits.pdf