SI
SI
discoversearch

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: Paul Ma who wrote (108552)4/29/2000 6:58:00 PM
From: ptanner  Read Replies (1) | Respond to of 1571218
 
Paul,

750 million is enough for two 2:1 (assuming 172M current fully diluted).

PT



To: Paul Ma who wrote (108552)4/29/2000 7:00:00 PM
From: that_crazy_doug  Respond to of 1571218
 
<< Will 750 million shares allow for a 3 for 1 or 2 or 1 only? >>

It would allow a 4 for 1 ;)



To: Paul Ma who wrote (108552)4/30/2000 12:18:00 PM
From: brushwud  Read Replies (2) | Respond to of 1571218
 
Will 750 million shares allow for a 3 for 1 or 2 or 1 only?

Paul, Paul, you seemed like such a bright young man! Since 750 million/250 million = 3/1, of course they could split 3-1, and all of the options would split likewise so the percentage of authorized shares still available would be exactly the same.

The other posters who suggested AMD could then split 4-1 are wrong, since about 200 million shares are either outstanding or reserved for issuance, as explained in posting 108093.



To: Paul Ma who wrote (108552)5/1/2000 1:29:00 AM
From: Petz  Respond to of 1571218
 
paul_ma, I disagree with those saying 750 million is enough for two 2:1's. A 4:1, with existing employee stock option plans would put them too close to the legal limit and not allow the ISO plans to be expanded without increasing # of authorized shares.

I think the jump from 250 to 750 is sending a message that the board is leaning towards a 3 for 1 split.

Petz