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To: Brad Patton who wrote (4519)1/22/1999 10:13:00 AM
From: Kirk ©  Read Replies (2) | Respond to of 8218
 
I think they just wait for the next stockholders meeting, put it to a vote and get authorization to increase the shares and split. Splits are just more work for those of us that track our long term holdings in Excel!

What does Warren think about splits, eh? 8)

regards
Kirk



To: Brad Patton who wrote (4519)1/22/1999 12:36:00 PM
From: Arrow Hd.  Respond to of 8218
 
To expand on Brad's explanation, this is why the last split date was
in May after the April shareholder meeting. Expect the IBM Board to
vote on a split next week, Gerstner announce it along with a few words
about the positive developments in the first half, state that it gets
voted on by the shareholders in April with a May split date. This is
exactly what happened two years ago.


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