EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: JeffreyP who wrote (3232)	11/5/1998 10:09:00 AM
From: Khris Vogel	Read Replies (1) of 17183

Jeffrey, per the 2Q98 10-K, the co. is authorized to issue 750m shares, of which 499,511,372 were o/s as of the 6/30/98 BS date. W/ employee stock options, etc., a 3:2 doesn't even look feasible until the co. seeks approval to increase the # of shares o/s. Bear in mind w/ the release of the 3Q98 10-K (which should be anytime now), the # of o/s shares will be higher than the previous qtr.'s balance. IMO, that's ok. What's the worst that can happen - by the time of the annual meeting next year, the stock price goes above 90, and mgmt. declares a 3:1 split vs. their normal 2:1?

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