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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (25203)5/11/1999 2:14:00 PM
From: Drake  Read Replies (2) | Respond to of 77398
 
Brian, CSCO would have to get approval from shareholders for anything MORE than 3 for 2 split. Therefore, expect 3 for 2, imho.

Dc



To: Brian Malloy who wrote (25203)5/11/1999 3:03:00 PM
From: Edward Y. Lee  Read Replies (2) | Respond to of 77398
 
I expect CSCO and John Chambers to announce more likely a 3 for 2 stock split rather than a 2 for 1. The reason: they currently don't have enough authorized shares to announce a 2 for 1. Also, in the past few years, Mr. Chambers has preferred the 3 for 2 split since it doesn't drop the price below 50. I don't really understand the
theory behind it, but that's what I have seen through holding the shares since 1995.

Edward



To: Brian Malloy who wrote (25203)5/11/1999 3:06:00 PM
From: SecularBull  Read Replies (3) | Respond to of 77398
 
Are there enough authorized shares to do a 3:1? I don't believe that there are, but I may be wrong.

LoD



To: Brian Malloy who wrote (25203)5/11/1999 4:12:00 PM
From: David Rubin  Read Replies (4) | Respond to of 77398
 
Cisco has split 3:2 the last two times. Before that it has always been 2:1.

Keep in mind that the more shares outstanding, the less attractive it is to keep splitting the stock. I would not be surprised if they do not announce a split, although I do expect one.