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 : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: HG who wrote (16852)	1/2/1999 11:33:00 PM
From: oldcrow	Read Replies (1) \| Respond to of 27307

HG, with 450 million authorized but only 100 mil (rounding) outstanding, they can do the 4:1 if they wanted to.

To: HG who wrote (16852)	1/3/1999 2:01:00 AM
From: Jack T. Pearson	Read Replies (1) \| Respond to of 27307

98 shares outstanding. 450 shares authorized. 450-98=352 shares to be issued as a dividend (split). Max split is 3/1 (352/98).

To: HG who wrote (16852)	1/3/1999 9:22:00 AM
From: The_Guru_00	Respond to of 27307

Happy Girl, here is the correct split analysis. They currently have about 98 mm o/s and another 24 (ish) in options (which need to be represented by underlying shares), In other words, you can grant options for shares that have not been authorized. Even if you don't buy into the option thinking, the most they will do is a 3-1, which would take total o/s up to about 300 million. Including options, that number increases by 72 mm (24*3). So you are at 372. 450 is not enough to do 4-1. Float is irrelevant in this calc, unlike Sweetpete's thinking. However, management could do whatever they want (100-1 to be silly), pending shareholder approval, which would occur with the next proxy (May timeframe). GURU prediction, 2-1. No need to push the limit. Absurd share prices have not stopped anyone yet. GUru.