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

To: chic_hearne who wrote (108108)	4/27/2000 4:08:00 PM
From: tejek	Respond to of 1584524

Correct me if I'm wrong here. We currently have 152,000,000 shares. It appears AMD is pushing to get that number up to 175,000,000 shares. Thus, after a 2 for 1 split, there will be 350,000,000 shares instead of 304,000,000 shares. In my opinion, those extra 46,000,000 shares just dilute our stake in AMD. chic, There are currently 152 million shares outstanding and 172 million diluted shares (includes 152 million plus options etc.). Currently 250 million are authorized. For a 2-1 split need at least 400-450 million. Any split results in dilution but the dilution is less if the companies revenues and earnings are growing fast enough to compensate. I haven't done the math but AMD is close...last quarter almost doubled revenue and more than doubled earnings. Where people got screwed was the last split that Dell did....it will take a few years of growth to make up for that one. ted