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To: Mohan Marette who wrote (4110)1/26/1999 2:05:00 AM
From: Snowshoe  Read Replies (1) | Respond to of 10309
 
>>As for splitting just to meet option obligations,I don't know that is a new one for me,it could be, it is just that I never heard a company quite put it that way before.Was there any press release explaining the reason for the split?<<

The press release did not give the reason for the split. If they're used to granting the same number of options per employee per year, they'll be "cheaper" for the company if granted after the split. Perhaps this influenced the timing for the split.