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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading

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To: 1-DAY-TRADER who wrote (585)	5/5/2000 10:30:00 AM
From: rdmsqito	of 790

Friday, May 5, 2000, 9:50 AM EDT Optical Products Maker to Issue Stock Split Meade Instruments Corporation (Nasdaq: MEAD) today announced a 2 for 1 stock split of the Company's common shares. The Board of Directors has set the payable date for the split on June 19, 2000. Approximately 8.2 million shares are currently outstanding. Meade designs optical products including telescopes and binoculars. The Company distributes its products through specialty retailers, merchandisers and foreign distributors. During mid-March, MEAD stock surged from $23 to a high of $79 in just two weeks. No, investors are not excited about telescopes. What they are excited about is MEAD's contract with Terabeam Corp, to produce optical components used in fiber optic networking. Since early April however, the stock has been consolidating those gains and the stock is once again showing some upward momentum. SplitTrader.com will monitor the stock closely for a possible addition to our Recommended Split List. For further details on MEAD, be sure to check out the Company's complete profile located on the site. To view a chart on the stock, click on the link provided below. Chart = splittrader.com

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