SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SDL, Inc. [Nasdaq: SDLI]
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t2 who wrote (632)12/8/1999 5:40:00 PM
From: pat mudge  Read Replies (2) of 3951
 
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).


I spoke with the company last week. They do not have enough shares to split and would need shareholder approval. They wouldn't do this before the regularly scheduled meeting. They see no reason to have a cheap stock. Berkshire Hathaway was discussed as an extreme example.

There, now you know everything I know. :)

Pat
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News