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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (34514)	8/17/2000 7:23:27 PM
From: Boplicity	Read Replies (3) \| Respond to of 64865

PALO ALTO, Calif., Aug. 17 /PRNewswire/ -- Sun Microsystems, Inc. (Nasdaq: SUNW) announced that its Board of Directors, at its regularly scheduled meeting on August 16, 2000, approved a two-for-one stock split, to be effected in the form of a stock dividend, subject to stockholder approval of an increase in the Company's authorized shares of Common Stock to 7.2 billion shares. Such approval will be sought at the Company's Annual Meeting of Stockholders to be held on November 8, 2000 (the record date for which is September 12, 2000). Subject to receiving such stockholder approval, the Record Date for the stock split will be November 9, 2000. Stock certificates representing one additional share for each share held on the Record Date will be mailed to stockholders on or about December 5, 2000, the Payable Date. Should stockholder approval be obtained, the stock split will increase the number of shares outstanding from approximately 1,604,000,000 to approximately 3,208,000,000 shares. Since its inception in 1982, a singular vision -- The Network Is The Computer(TM) -- has propelled Sun Microsystems, Inc., to its position as a leading provider of industrial-strength hardware, software and services that power the Internet and allow companies worldwide to dot-com their businesses. With $15.7 billion in annual revenues, Sun can be found in more than 170 countries and on the World Wide Web at sun.com .