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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: J. P. who wrote (33081)4/13/1999 3:38:00 PM
From: TheStockFairy  Read Replies (1) of 86076
 
You are right, no split for Chuckie at the moment:

We cordially invite you to attend our 1999 Annual Meeting of Stockholders. The meeting will be held on Monday, May 17, 1999 at 2:00 p.m. at the Yerba Buena Center for the Arts Theater, 700 Howard Street, San Francisco, California.

We are asking stockholders to approve an amendment to the Certificate of Incorporation to increase the number of authorized shares of common stock from 500 million to 2 billion. As of December 31, 1998, 452 million of the 500 million authorized shares had been used or reserved for use as follows:

blah blah blah, we ain't got enough shares for the split.

QUESTION

Won't this confuse the internet investors? This means that they will have these great earnings and not enough shares for the split. Is that a bad thing? Does that mean that we be waiting for the next Q for the split announcement? Does this mean that Charles Montgomery Schwab didn't see a 6 fold increase in his stock price over the last coupla months?

TSF
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