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Technology Stocks : IBM
IBM 304.14+2.2%Nov 24 3:59 PM EST
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To: DC who wrote (4382)1/9/1999 5:45:00 PM
From: Bill Martin  Read Replies (1) of 8218
 
Re: IBM is ripe for another stock split !

I don't think that they can split 2:1 because not quite enough shares are currently authorized -- at least not in the last 10Q issued. Does anyone know whether the number of shares authorized has been increased since the Sep98 quarter ended?

Could IBM split 2:1 tomorrow if they were so inclined, or does it take a vote of the shareholders first to authorize the additonal shares?

Bill
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