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Non-Tech : Home Depot (HD)

HD 363.63

-1.2%

1:58 PM EST

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To: KLAW97 who wrote (429)	12/8/1998 9:23:00 AM
From: David Phaneuf	Read Replies (1) of 1169

Outstanding shares authorized has all been distributed! There are no more shares left to just split. However two things must happen. HD will have to apply for SEC approval. Second board members must meet and vote on additional shares. As I recall last years proxy vote had a question which allowed the board to raise the number of shares without stock holders approval. Anyone else recall that or has the old report around. I do believe it was approved. Well a good bit of news when timing is appropriate would be " Board of directors meets to vote on adding another billion shares " This is not a rumor nor any fact by the way. Just wanted to stop the "when are we going to split again" question. Hope you can see this point. FYI Aloha David Oh GOOOOO HOME DEPOT !!!! upgrade today. Close above 54 YES

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