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Non-Tech : Any info about Iomega (IOM)?
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To: Tom Carroll who wrote (43717)1/17/1998 2:59:00 AM
From: Reseller  Read Replies (1) of 58324
 
Hi Tom , thanks for the answers, I have a couple of others perhaps you wouldn't mind commenting on.

>"The principal reason for the stock split is to increase the number of
option shares available. < Does this mean that they already own these option shares and they didn't have enough to do options with ?

Could they have just issue more shares to cover the options ?

Can anyone explain the theory behind this type of split ?

Thanks in advance for your help in understanding these types of transactions.

Reseller
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