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

To: Sonki who wrote (13797)	1/21/1999 5:00:00 PM
From: silInv	Read Replies (3) \| Respond to of 64865

Sonki, PALO ALTO, Calif., Jan. 21 /PRNewswire/ -- Sun Microsystems, Inc, (Nasdaq: SUNW - news) today announced that its Board of Directors has approved a two-for-one stock split, to be effected in the form of a stock dividend, subject to shareholder approval of an increase in the Company's authorized shares of Common Stock to 1.8 billion shares. Such approval will be sought at the Company's Special Meeting of Stockholders to be held on March 17, 1999 (the Record Date for which will be January 21, 1999). Subject to receiving such stockholder approval, the Record Date for the stock split will be March 18, 1999 and thereafter, on April 8, 1999, the transfer agent will mail certificates representing one additional share for each share held on this Record Date. Should stockholder approval be obtained, the stock split will increase the number of shares outstanding from approximately 385,265,000 to 770,530,000 shares. silInv