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

To: dennis michael patterson who wrote (4160)	2/2/1999 4:32:00 PM
From: JDN	Read Replies (1) \| Respond to of 17183

Dear Dennis: Well, I am betting there will be a split. He is probably awaiting the MOST proper time. Here is why I feel this way: In order to have a successful stock split management must be convinced that their revenue and earnings are going to continue to grow rapidly. With that in mind they usually want to broaden the potential buyers of the stock and there is no doubt that a $50 stock attracts more buyers than a $100 stock. Theoretically it shouldnt but that is just the way it is. Since we have every reason to believe the Revenue and Profits will continue their fast pace of growth, and the stock is now priced historically quite high I dont see how they can not have a split. Then there is the Peer Pressure--all the other successful companies are doing it. JDN

To: dennis michael patterson who wrote (4160)	2/3/1999 2:59:00 AM
From: Khris Vogel	Read Replies (4) \| Respond to of 17183

no split. And Ruettgers wonders why he gets no respect! Dennis, plain and simple, the co. does not have enough authorized shares available to facilitate a split at this time. The co. will be having it's annual meeting on either May 5 or 6 (can't remember which), and it's a lock that one of the items that the BoD will ask for is shareholder approval to increase the # of authorized shares. Once it's official, the co. will be able to execute a split (most likely a 3:1). Until then, shareholders need to console themselves only w/ solid revenue and EPS growth and a likely further advance in the share price. ;-)