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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (147)	3/26/1999 12:32:00 AM
From: pat mudge	Respond to of 3951

March 25, 1999 Dow Jones Newswires SDL Inc. Approves 2-For-1 Stock Split; Hldr OK Needed Dow Jones Newswires SAN JOSE, Calif. -- SDL Inc.'s (SDLI) board approved a 2-for-1 stock split, boosting the number of outstanding shares to about 29.3 million from 14.65 million. In a press release Thursday, SDL said the stock split is subject to SDL's shareholders approval of an increase in the number of authorized common shares to 70 million. The company said it expects shareholders of record March 19 to vote May 13 on the proposed increase. The company said assuming stockholder approval on the proposed increase, it plans to trade the common stock on a post-split basis June 11 for shareholders of record May 14. SDL's Nasdaq-listed shares closed Wednesday at 69 3/8, down 2 1/4, or 3.1%, on composite volume of 5,300 shares, compared with an average volume of 224,966 shares. SDL designs, makes, and markets fiber optic-related products, lasers, and optoelectronic based systems.