SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (6832)8/31/1999 8:05:00 AM
From: Ausdauer  Respond to of 60323
 
Paul,

I will defer to the experts on the thread, that with authorized shares of only 40 Million and approximately 27M outstanding (plus some more options tucked away someplace), they'd better get authorization for more shares. I'd like to see that stock split! 2 for 1 split. That would require that there'd be at least 54M issued and outstanding.

So the authorization is to make way for stock splits???

I am still bewildered.

I hope so. With the new offering and the 3 stock option programs that were voted in there is enough dilution as it is. BTW, only the employee stock option passed with great enthusiasm from shareholders. The other two option packages barely won a majority. That ought to tell you something.

Ausdauer
(waiting to be unbefuddled)