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Technology Stocks : Intel Corporation (INTC)
INTC 48.59-1.3%3:59 PM EST
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To: zalesky who wrote (7284)1/4/1997 1:25:00 PM
From: exhon2004   of 186894
 
zalesky:

re <Does anyone have any thoughts on a possible split pending for this NASDAQ leader?>

This comes up about once a month. I'll try to recap for you:

Intc only has about 1.5 billion shares authorized with something like 880 million issued and outstanding. To effect a 2:1 split would require an increase in the authorized shares which will likely not happen until the stockholders meeting in May. John Hull of intc has already said a fractional split is out of the question. Hope this info helps.

Best Regards

Greg Gimelli
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