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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST
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To: Patrick E.McDaniel who wrote (6787)12/22/1996 10:25:00 PM
From: Khris Vogel   of 186894
 
The authorization to issue more shares must come from the shareholders, rather than the directors. Once this authorization has occurred, the directors can vote to split shares, etc.
At present, there is not enough number of shares authorized to do 2:1 or greater split.
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