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

To: Lafayette who wrote (36894)	10/19/2000 10:01:26 PM
From: techtonicbull	Respond to of 64865

PALO ALTO, CA -- August 17, 2000 -- 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. From SUNW WEB SITE