It is diffucult to think of a reason why the
board would not chose to split...the 1986 split was at
a much lower price level...the 1996 split was at a
lower level held for about the same length of time. The
long standing stock buyback policy certainly indicates
that the board and management have stockholder
benefits high on their list of priorities. In fact, you
could make a strong case that a good portion of the
recent strength is in anticipation of a split