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

To: LBstocks who wrote (1034)	9/22/1999 2:06:00 PM
From: LBstocks	Read Replies (2) \| Respond to of 24042

2 for 1 stock split information> AFTER-HOURS ALERT: JDS Uni Says Board Has OK'd 2-For-1 Split(JDSU) (NewsTraders.com) -- Highflying optical components supplier JDS Uniphase Corp. (JDSU) revealed today after market close in a regulatory filing that earlier in September its board of directors approved a 2-for-1 stock split. The potential split, which has not been announced by the company, is conditioned upon shareholders approving the company's plan to double the number of common shares authorized for issuance from 300 million to 600 million. In a preliminary proxy filing, JDS Uniphase said the proposed split would be effected in the form of a dividend of one additional share of common stock for each common share outstanding. The company noted that stockholders are not being asked to vote on the stock split, but that the purported split will not take place unless the number of authorized common shares is increased. Shareholders of record as of Sept. 29 will be entitled to vote on the share boost proposal, among other issues, at the company's upcoming annual meeting, currently scheduled to be held Nov. 5 in Ottawa, Canada. Shares of San Jose, Calif.-based JDS Uniphase closed today's session at $109.00, after shedding $4.44 during the day.