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Technology Stocks : Wind River going up, up, up!

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To: JMD who wrote (7936)6/7/2000 7:45:00 PM
From: John Carragher   of 10309
 
Wind River Sys To Hike Authorized Shrs To 325M From
125M

Dow Jones Newswires

WASHINGTON -- Wind River Systems Inc. (WIND) is asking its shareholders to vote on a
proposal to increase the number of its outstanding common shares to 325 million from 125 million,
according to a preliminary proxy statement filed with the Securities and Exchange Commission.

Shareholders will vote on the proposal at the company's annual meeting on July 26 in Alameda,
Calif.

Wind River said in the filing late Tuesday that the additional shares may be used for various
purposes including, raising capital, providing equity incentives to employees, officers or directors,
establishing strategic relationships with other companies and expanding the company's business or
product lines through the acquisition of other businesses or products.

The additional shares may also be used by the company to oppose a hostile takeover attempt or
delay or prevent changes in control or management of the company, according to the filing.

Wind River designs, makes and sells software development tools for embedded applications in the
Internet, telecommunication, data communications, and the medical sector among other markets.
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