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Technology Stocks : SYQUEST
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To: dartmouth who wrote (6265)4/29/1998 1:11:00 AM
From: Dale Stempson   of 7685
 
Shares outstanding

SyQuest states:

"At March 31, 1998 the Company had approximately 81.7 million common shares outstanding and approximately 51.4 million stock purchase warrants issued and outstanding. There would be approximately 164.3 million common shares outstanding if all stock purchase warrants and convertible preferred shares were exercised and converted as of April 15, 1998."

Why do they give us the status as of April 15th and not today? Why don't they include the almost 9 million shares accounted for in employee options when giving us their estimate of total future dilution?

Regards - Dale
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