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

To: Paul B. who wrote (961)	9/7/1999 8:38:00 PM
From: Scripts	Read Replies (1) \| Respond to of 24042

...Does this mean that they are forecasting a stock split or does it mean that they are thinking of adding another 100 million shares which will mean a dilution of our shares? ... Could you clarify what the difference is?

To: Paul B. who wrote (961)	9/7/1999 8:41:00 PM
From: Curtis E. Bemis	Respond to of 24042

It sez, in the Proxy Statement (my paraphrase)-- i. for Stock options ii. for future stock splits/dividends, to raise additional capital, for acquisitions or for strategic relationships.

To: Paul B. who wrote (961)	9/7/1999 8:43:00 PM
From: daffydog	Read Replies (2) \| Respond to of 24042

Perhaps someone who knows more about such matters can help interpret exactly what this means for us: "The principal purpose of the proposed Amendment is to authorize additional shares of Common Stock which will be available (i) for reservation and issuance pursuant to the Plans, and (ii) in the event that the Board of Directors determines that it is necessary or appropriate to effect future stock dividends or stock splits, to raise additional capital through the sale of securities, to acquire another company or its business or assets through the issuance of securities, or to establish a strategic relationship with a corporate partner through the exchange of securities... There will be no change in the voting rights, dividend rights, liquidation rights, preemptive rights or any other Stockholder rights as a result of the proposed Amendment. The additional shares might be issued at such times and under such circumstances as to have a dilutive effect on earnings per share and on the equity ownership of the present holders of Common Stock." Anyone -- English translation please. Is this a stock split or not? MGG