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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (105208)4/13/2000 5:36:00 PM
From: brushwud  Read Replies (3) of 1572536
 
Intel to split 2-1!

Don't think this has been posted yet, but I noticed yesterday that Intel's Definitive Proxy Statement was out and they are asking shareholders to increase the number of authorized shares outstanding from 4.5 billion to 10 billion, making room for a 2-1 stock split anytime after their annual meeting.

Clearly Intel's management has a much more bullish outlook than AMD's! (AMD's proxy material shows no increase from 250 million shares, so a 2-1 split is not possible.)
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