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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (31417)4/7/1999 6:51:00 AM
From: Jenna  Read Replies (7) of 120523
 
Infospace sets 2-for-1 stock split, VRTY +20.5% and KSWS +11.6%.. recent earnings plays on the move.

REDMOND, Wash., April 6 (Reuters) - InfoSpace.com said Tuesday its board of directors has approved a 2-for-1 split of its common stock.

The company said in a statement shareholders of record on April 19, will be issued one additional share of common stock for each share held. The new shares will be mailed on or around May 4. The stock split will increase the number of shares outstanding to about 46.2 million from about 23.1 million.

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