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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Steve Warkentin who wrote (3837)	1/15/1999 5:35:00 PM
From: DiB	Respond to of 17183

Steve, what are the specifics of authorizing additional shares? Can they simply double the amount of shares and declare 3:1 split? I understand that all the fundamentals, such as book price, etc..., will be adjusted accordingly... Thanks a lot

To: Steve Warkentin who wrote (3837)	1/15/1999 5:36:00 PM
From: SDR-SI	Read Replies (1) \| Respond to of 17183

Your numbers look approximately correct - not enough authorized to do a reasonably meaningful split. But this is a company that does not need the push of a split to keep up its momentum. IMHO that the earnings that will be announced later in the month will be higher than even expected, that the company knows that the earnings for the next few quarters are pretty much already solid, and that the >30% annual increases are conservative. In addition, almost every survey indicates that it is one of the best managed, best to work for, and most community-minded companies in the US. These elements in themselves will keep real price growth going. A split would be nice, but it's really not needed with a story like this. Just my opinion. Steve