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Non-Tech : Any info about Iomega (IOM)?
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To: Tom Trawinski who wrote (17018)2/24/1997 2:00:00 PM
From: Joan Osland Graffius   of 58324
 
>>>3. To approve an amendment to the Company's Restated Certificate of
Incorporation increasing the number of authorized shares of Common Stock from 150,000,000 to 400,000,000.<<<

Doing this allows them to split the stock if so desired. It does not say they are going to use these shares for financing, but could if needed. Intel is in this box right now, they can not split their stock because they are not authorized the number of shares required for the split.

Intel's document for the shareholders meeting looks like this one.

Joan
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