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Politics : Formerly About Advanced Micro Devices

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To: Paul Ma who wrote (108552)4/30/2000 12:18:00 PM
From: brushwud  Read Replies (2) of 1571088
 
Will 750 million shares allow for a 3 for 1 or 2 or 1 only?

Paul, Paul, you seemed like such a bright young man! Since 750 million/250 million = 3/1, of course they could split 3-1, and all of the options would split likewise so the percentage of authorized shares still available would be exactly the same.

The other posters who suggested AMD could then split 4-1 are wrong, since about 200 million shares are either outstanding or reserved for issuance, as explained in posting 108093.
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