SJS,..Re:.SO... This stock will trade up very nicely, but it isn't going to move 30% or even 20% in a week, which it used to easily do.
They're voting to increase shares from 600k to 3b on Feb. 25. That will increase the current float (186m according to Yahoo) substantially even after they pay the 2/1 split. Will definitely slow down the explosive moves going forward.<g>
edgar-online.com
The Special Meeting of Stockholders of JDS Uniphase Corporation, a Delaware corporation (the "Company"), will be held at the Company's offices located at 210 Baypointe Parkway, San Jose, California 95134, on Friday, February 25, 2000, at 10:00 A.M., Pacific Time, for the purpose of considering and acting upon the following:
1. Approval of an amendment to the Company's Amended and Restated Certificate of Incorporation to increase the number of shares of Common Stock, par value $.001 per share, which the Company is authorized to issue from 600,000,000 shares to 3,000,000,000 shares. Approval of this Proposal will result in a two-for-one split of the Company's Common Stock to be paid as a dividend.
Cheers,
Lee |
