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Expected Splits Thursday, April 12, 2001
PNC - PNC Financial Services $67.12 (+0.97) PNC last split its shares 2:1 in November of 1992 when the stock was trading at $54.50. We are expecting a 2:1 split announcement in conjunction with earnings on 4/16. PPDI - Pharmaceutical Product Development $49.14 (+3.39) PPDI has never split its shares but is trading near all-time highs and at historic split-levels for its industry. We are expecting a 3:2 split announcement with PPDI's earnings release on 4/16. REI - Reliant Energy $45.54 (+1.99) REI last split its shares 2:1 in December of 1995 when the stock was trading at $47.00. We are anticipating a 2:1 split announcement out of the company's earnings release on 4/16. PEG - Public Service Enterprise Group $44.43 (+1.78) PEG last split its shares 3:2 all the way back in July of 1987 at $37.00. Given the current price, we are banking on another 3:2 split to come out of PEG's earnings date of 4/18. ASD - American Standard Companies $59.70 (+1.09) ASD has never split its shares but is knocking on all-time record highs above the key $50 mark for a split. We are looking towards the firm's earnings release of 4/19 as a good time for a 2:1 split announcement. EPG - El Paso Energy Corp. $67.07 (+4.32) EPG last announced a 2:1 split in January of 1998 when the stock was at $66.94. Therefore, we believe another 2:1 could be in the cards on EPG's earnings date of 4/19. GENZ - Genzyme General $101.23 (+7.40) GENZ last split 2:1 in July of 1996 at $47.25. Given that GENZ is now over $100, we feel another 2:1 split announcement could come on 4/19, the firm's earnings date. SDS - SunGard Data Systems $51.14 (+3.09) SDS last announced a 2:1 split in August of 1997 when the stock was at $48.94. We are now expecting a 2:1 announcement to accompany earnings on 4/19. STU - Student Loan Corp. $72.00 (+0.65) STU has never split its shares but is trading at historic split-levels for the finance industry. We are expecting a 2:1 split announcement out of the company's board of director's meeting on 4/19. ACS - Affiliated Computer Services $64.01 (-0.61) ACS last split its shares 2:1 back in late 1996 when the stock was trading at about $60. We are therefore looking for a 2:1 split announcement to coincide with earnings on 4/20. D - Dominion Resources $67.50 (+1.60) Dominion last split 3:2 back in January of 1992 at $55. Given its recent price, we are expecting another 3:2 out of the firm's earnings release date of 4/20.
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