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Technology Stocks : Miami Computer Supply Corp (MCSC) -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (11)3/26/1998 11:48:00 AM
From: leigh aulper  Respond to of 43
 
Miami Computer Supply Corporation Announces 3-For-2 Stock Split

DAYTON, Ohio, March 26 /PRNewswire/ -- Miami Computer Supply Corporation (Nasdaq: MCSC), a leading supplier of computer supplies and projection presentation products, announced today that its Board of Directors has declared a 3-for-2 split of its common shares.

President and Chief Executive Officer Michael Peppel, made the announcement saying, "These actions reflect our confidence in the future growth and performance of the Company. As a result of internally-generated growth and our strategic acquisition program we enjoyed a great 1997. With our strong capital base we are well-positioned to capitalize on future opportunities for expansion, which we believe will enhance shareholder value."

As a result of the stock split, each shareholder of record at the close of business on April 10, 1998 will receive 1 additional share of Common Stock for each 2 shares of Common Stock held on that date. The new shares will be distributed on or about April 24, 1998.