Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Felix Appolonia who wrote (101189)	3/20/2000 10:03:00 PM
From: Paul Engel	Read Replies (1) of 186894

Felix - Re: "Is April the time for a split announcement ?" Intel's Board Of Directors generally meet right prior to the earnings release - which would be one or two days before the actual release. At that time, assuming the stock is still above $120, my best guess is that two motions will be made to (A) increase the number of authorized shares to permit a 2-for-1 split (pending shareholder approval) and, assuming (A) passes, (B) to split the stock 2 for 1. If this goes as I surmise, the vote to increase the authorized shares and the split will be part of the earnings release announcement - or just after. The timing is pretty good since the shareholders meeting will be May 17 - just a month and a few days from the Q1/2000 earnings release, making the "vote" very convenient. Paul

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