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0nceinalifetime

05/05/03 12:31 PM

#22872 RE: sophist #22870

Sophist, my guess is they are saving the request of shareholder authorization to expand the number of shares to accommodate a possible stock split for a future date. Right now the shares are trading in their high range. Once shareholders approve more insider options and the price is about half what it is now, and all those new options are granted with low strike prices, then, and only then, will you see them play that card.

Of course they wouldn't dare actually split the shares because many institutions are required to sell stocks as they drop below $5.

Once

bush hog

05/05/03 12:32 PM

#22873 RE: sophist #22870

Sophist, I don't think you or anyone else should be disappointed the co. didn't request more shares. They are not going to think about splitting the stock until it is soundly in the 50 to $60.00 range and they have no way of knowing when that is going to happen. Also, if you notice Warren Buffet has never split his stock and it hasn't hurt one bit.