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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Glenda King who wrote (550)7/8/1999 7:02:00 PM
From: bbritts  Read Replies (2) | Respond to of 24042
 
Hi,
I'd like to take a crack at today's announcement as well. If you have 600 shares, I believe you'll end up with 1200 shares. Period. A one-for-one stock dividend, as I see it, is the same thing as a two for one stock split. For some reason the San Jose, Calif. Uniphase Corp. has chosen to call it a one-for-one stock dividend. Our brother company North of the border (JDS Uniphase Canada Ltd.) has chosen to call their's by the more traditional name of a 2:1 stock split.

My .02 worth,
Barb