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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: VFD who wrote (3224)10/29/1998 10:33:00 PM
From: Khris Vogel  Read Replies (1) of 17183
 
Guys .... I thought this had been mentioned many, many times before - the co. does not have enough shares authorized and unissued to facilitate a split. They would need to seek shareholder approval to increase the # of shares before they could declare a split.

And one would think that they would not go to the expense of a proxy process just for that purpose alone, so it'll be probably included w/ the proxy for the annual meeting next spring.

If anyone feels different, please say so. But I think that the first paragraph above says it all. Believe me, I wouldn't mind seeing another 2:1 split, but I don't see it happening anytime soon.
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