Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (108084)	4/27/2000 1:49:00 PM
From: brushwud	Read Replies (1) \| Respond to of 1573937

I am not sure if the proxies will ask about the split, or only on the increase of the number of authorized shares. I think the board of directors can meet and split the stock anytime after the shareholders have authorized enough shares. Thanks for the report on the meeting.

To: Joe NYC who wrote (108084)	4/27/2000 7:45:00 PM
From: Petz	Read Replies (1) \| Respond to of 1573937

Jozef, re:<split: I am not sure if the proxies will ask about the split, or only on the increase of the number of authorized shares> I remember the '83 splits -- the proxy solicitation said something like: "If shareholders approve the increase in the number of shares at the special meeting of xxxxx, the board of directors intends to authorize a Y for Z split in the shares." So the vote does not directly authorize a split, it makes it possible for the BOD to do that. It'll also be interesting to see 1. If they say what Y and Z are (2 for 1?) 2. If they don't reveal Y and Z, but ask for a tripling in authorized shares, then they haven't decided yet. 3. If they just ask for about a doubling in authorized shares, I'd suspect it'll be 2 for 1 4. Whether they also give as a reason for the increase in shares the ability to make acquisitions using shares 5. Whether they also give as a reason for increasing shares the possibility of having a secondary share offering. (5) would be taken very negatively by the street, but personally I wouldn't mind an acquisition via stock swap if its a good fit (chipset, graphics?) Petz