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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)10/30/1998 5:39:00 AM
From: JDN  Read Replies (1) of 17183
 
Dear Diego: Providing the company has enough authorized unissued shares they can do it any time. Otherwise if additional authorized shares are necessary Companies generally await the annual proxy and shareholders meeting so as to not have to go to the expense of soliciting proxies for a single item. However, as we draw near to year end, I see no problem with them ANNOUNCING that they intend to split the stock (subject to shareholder approval if insufficient shares are available). The mere announcement usually sufficies for my purposes at least. haha. JDN
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