SYQUEST Message Board - Msg: 4258043

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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (6294)	4/29/1998 4:58:00 PM
From: Michael Coley	Read Replies (3) of 7685

RE: SyQuest Files Proxy with SEC - Link & Notes. freeedgar.com A few key notes from the proxy: * Shareholders meeting scheduled for June 15, 1998 for shareholders of record April 27, 1998. * Have 94,600,941 shares outstanding as of April 27, 1998. * Need shareholders to approve past preferred stock and warrants issued. Failure to do so could result in delisting from the Nasdaq. * Up for approval: 6.5 million more shares for ESOP and stock incentive plans. * Total proceeds from dilution has been $214,400,000 from August 1996 to April 1998. (Only the first $50 million or so has been approved. $25 million in vendor A/P to stock conversions are not included.) - Michael Coley - wwol.com

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