IBM Message Board - Msg: 7410146

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Technology Stocks : IBM

IBM 306.44

-1.9%

Nov 7 9:30 AM EST

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To: Brad Patton who wrote (4474)	1/21/1999 6:50:00 PM
From: Arrow Hd.	Read Replies (1) of 8218

These analysts are off base. A split does not get discussed until there is an IBM Board of Directors meeting, which by the way, meet each quarter after earnings are out so there is no way to have a split announced just yet unless there was a special board meeting. Once the strategy is agreed then it can be announced with a split date. If you recall a few years back when the last split happened, Gerstner said to "stay tuned" for a split and dividend increase. That happened after the 4th quarter earnings came out. A formal announcement followed with a split date of record in May. Nothing is off track here. Of course, if you subscribe to the theory that a ten or two fives are the same it all doesnt matter.

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