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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 3:59 PM EST

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To: RetiredNow who wrote (24595)4/23/1999 2:42:00 PM
From: Uncle Frank  Read Replies (2) of 77397
 
OK, mm, the wager is booked. I'll let you pick the wine; note that I prefer cabs and merlots. The bet is based on your comment that he won't announce a split until, or shortly after, the 7/99 quarter., so if there is a split announced before July, I get the grape; otherwise you get the grain.

Chambers is pretty consistent (just look at earnings), so I think the next split will probably be a 3:2. If they announce it along with earnings, it would likely cause a run to 140, so the post split price would be in the 93 range. Would that keep the price high enough to meet your criteria?

Frank
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