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


To: SecularBull who wrote (25212)5/11/1999 3:11:00 PM
From: Edward Y. Lee  Read Replies (2) | Respond to of 77398
 
You're right. There is not enough shares. They could always authorize more, but that would dilute the shares!

If you look at Microsoft, another great company, you would notice that their splits would drop them to the low 70's at best. I believe that they do that to demonstrate that a great company should seemingly sell at a premium price, because they continually demonstrate great earnings!!

Just my opinion.

Edward



To: SecularBull who wrote (25212)5/11/1999 3:14:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 77398
 
I surrender, you guys win. I'm just going to wait for the conference call. <ggg>



To: SecularBull who wrote (25212)5/11/1999 3:15:00 PM
From: Eric  Read Replies (1) | Respond to of 77398
 
LoD

Last few times I checked they have enough for a 3 for 2 although I am still hoping they don't split until summer. I'm pretty sure the Board of Directors wants to keep the stock price above the 70 to 80'sh range after the split.

Anyway you look at it the split will happen in the next 4 or 5 months!

Long since 93,

Eric