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Technology Stocks : Mercury Computer Systems (MRCY)
MRCY 76.63+1.8%Dec 11 3:59 PM EST

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To: kendall harmon who wrote (45)11/22/1999 3:46:00 PM
From: TheSlowLane  Read Replies (1) of 127
 
Mercury Computer Systems Declares Two-for-One Stock Split

CHELMSFORD, Mass.--(BUSINESS WIRE)--Nov. 18, 1999--Mercury Computer Systems, Inc. (NASDAQ: MRCY), today announced that its Board of Directors has approved a two-for-one split in its common stock to be effected in the form of a 100 percent stock dividend. Shareholders of record on December 6, 1999 will be entitled to one additional share for each share held on that date. The Company expects the new shares to be distributed by its transfer agent, Boston EquiServe, on or around December 20, 1999. All shares reserved for issuance pursuant to the Company's stock option and stock purchase plans will be automatically increased by the same proportion. In addition, shares subject to outstanding options or other rights to acquire the Company's stock and the exercise price for such shares will also be proportionately adjusted.
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