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


To: Drake who wrote (25206)5/11/1999 2:48:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 77398
 
Could be, but that would not stop them. They simply announce the split and request that shareholders authorize an increase in shares.



To: Drake who wrote (25206)5/11/1999 2:50:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 77398
 
>> CSCO would have to get approval from shareholders for anything MORE than 3 for 2 split. Therefore, expect 3 for 2, imho.

That seems to be the prevailing wisdom, Drake, and I would be surprised (as in deeeelighted) to see a 2:1, but not because of the number of shares currently authorized. From what I've seen, it is just a formality to announce a split subject to shareholders' approval to authorize an increased number of shares.

Frank