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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Jazz102 who wrote (102953)4/26/2000 10:13:00 PM
From: David E. Taylor  Respond to of 186894
 
Jazz:

I got the proxy also. No split announced, my guess (posted previously) is that we would have had the 2:1 with the Q2 earnings if they'd had the share authorization in place, but they didn't, so they couldn't.

The 10 billion authorization, with about 3.34 billion outstanding (plus elbow room for employee options, etc.) gives room for a 2:1. IMO, this will be announced with the Q3 earnings in July, since I don't think INTC has done a split except at or around earnings time.

David T.