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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (84873)	2/25/2000 5:18:00 PM
From: Mr. Stress	Respond to of 120523

JDSU after the bell news. Looks like they plan on MORE than just the one upcoming split! They increased shares from 600m to 3b, which is enough to do TWO 2 for 1 splits! ----------------------------------------------------------- NEPEAN, Ontario and SAN JOSE, Calif.--(BUSINESS WIRE)-- Feb. 25, 2000--JDS Uniphase Corporation (Nasdaq:JDSU.O and TSE:JDU) today announced that its stockholders approved an increase in the Company's authorized Common Stock from 600 million to 3 billion shares at its special meeting today. Concurrently, the Board of Directors has established March 2, 2000, as the record date for the previously announced two-for-one split of its common shares, and the concurrent two-for-one split of the Exchangeable Shares of JDS Uniphase Canada, Ltd. The payment date for the stock dividend and the stock split will be March 10, 2000. The Exchangeable Shares will commence trading on a post-split basis on The Toronto Stock Exchange on February 29, 2000. The Common Stock will continue to trade on Nasdaq on a pre-split basis, under the symbol "JDSU," until March 11, 2000, when the Common Stock will commence trading on a post-split basis. Additionally, during the period beginning March 3, 2000, through March 10, 2000, the Common Stock will also trade on Nasdaq on a post-split basis, under the symbol "JDSUV."