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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.28+0.1%Nov 25 3:59 PM EST

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To: GRANOLA who wrote (21470)2/1/1999 4:15:00 PM
From: L. Adam Latham  Read Replies (1) of 77400
 
GRANOLA:

Re: Does anyone know for sure whether CISCO has authorized enough of a share increase for a 2:1, versus 3:2 split tomorrow?

From CSCO's 10/24/98 10-Q, there were 2.7B shares authorized, and 1.573B outstanding. Another 3:2 split is doable, but a 2:1 would require shareholder approval. I wonder why they didn't increase the authorized shares at the last shareholder's meeting in November?

Adam
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