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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]
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To: pat mudge who wrote (631)12/8/1999 5:35:00 PM
From: t2  Read Replies (1) of 3951
 
Pat, I guess acquiring could also mean a merger as well. As far as a stock split is concerned, do you know whether they have enough authorized shares at the present time? If so, no shareholder approval would be required. If you know for a fact, it is tough to argue. Board meetings could happen anytime and they can change their mind. It depends upon when whether your contact with them was when the stock was around 100 vs. where it is today.
The reason i expect a stock split is that as their stock goes up (a stock split will help), it makes it easier to do acquisitions with the stock as currency. 190 is quite high for a regular stock to trade without making a split announcement (it is not a Bershire Hathaway).

In any case, i have been diversifying my fibre optic holdings and added a some call options on SDLI today.

Good Luck
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