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Technology Stocks : All About Sun Microsystems
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To: QwikSand who wrote (33845)7/24/2000 12:40:50 PM
From: Charles Tutt  Read Replies (2) of 64865
 
I'm not sure there ARE enough shares authorized to allow a 2:1 split. As I recall, the last time it split there seemed to be enough shares already authorized, but the company concluded (to my surprise, which is why I remember it) that additional authority was required; I think the reasoning involved the need to be able to cover all employee stock options in the (unlikely) event that every one of them were exercised.

Lynn addressed your second paragraph, so I'll pass on that.

JMHO.
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