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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: RoseCampion who wrote (42763)9/29/1999 2:13:00 AM
From: Uncle Frank  Read Replies (2) of 152472
 
<ROFLMAO> Can you provide a link to the Bloombird News Service home page, Rose? I want to bookmark them.

Dr. J's announcement was a little different than I expected <hoped>. JDSU announced a split today that was more in line with my speculation:

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 28, 1999--JDS Uniphase Corporation (Nasdaq:JDSU - news; TSE:JDU - news) today announced that its Board of Directors has approved a two-for-one stock split on its common shares to be paid as a stock dividend, subject to stockholder approval of an increase in the company's authorized Common Stock from 300 million to 600 million shares.


They figured out how to split pending shareholder authorization. This means nothing held Q back from doing the same; they just felt it was not in the best interests of the company. They've made all the right calls so far, and I have confidence they've done so again.

Looks like Diamond H will get his wish to own a 300 stock <g>.

uf
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