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PICList Thread
2000\08\21@182647 by rchock, Steve

Microchip Technology sets 3-for-2 split

CHANDLER, Ariz., Aug. 21 - Microchip Technology Inc. (NASDAQ:MCHP) said
early Monday it set a three-for-two stock split to increase trading
liquidity and lower its share price, making the stock more attractive to
retail investors.

        THE SPLIT WILL be effective for stockholders of record Sept. 5.
Additional stock certificates will be mailed to shareholders on Sept. 26 at
a rate of one additional share for every two shares held, the company said.
   Fractional shares will be paid in cash, Microchip added. Microchip
shares closed Friday at 68-1/4, off a 52-week high of 77-3/8 but up from a
low of 33-1/4.

Just thought some of you might be interested.
Best regards,


Steven Kosmerchock
Radio Frequency Systems
Phoenix,  Arizona  USA

"Great spirits have always encountered violent oppposition from mediocre

-- hint: To leave the PICList>

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