got this off cbs marketwatch:_______________________________________________________JDS Uniphase to split stock 2-for-1 By Deborah Adamson, CBS MarketWatchSAN JOSE, Calif. (CBS.MW) -- On the heels of a late-December stock split, JDS Uniphase greeted the New Year by announcing another split that sent its shares up 8 percent in recent trading.The maker of parts for fiber optic equipmentrose by 12 15/16 to 174 1/4. JDS said it will split its stock 2-for-1 on March 10, affecting shareholders of record on March 1. Thecompany's Canadian counterpart -- JDS Uniphase Canada Ltd. -- will mirror the split.JDS Uniphase said it will seek shareholder approval Feb. 25 to increase its number of authorized shares to 3 billion from 600 million_______________________________________________________well, it's nice jdsu/ocli is so optimistic about their future so as to do back to back 2:1 splits. i would have preferred a single 3:1 split, though. rampant splitting can devalue a stock (if the directors aren't careful) by swamping the market with too many shares.any thoughts on this, or are we all frenzied bulls?fred"caveman2"
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