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Technology Stocks : Good story with KTCC?
KTCC 2.570-4.8%Jan 9 9:30 AM EST

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To: Judy Cohen who wrote (26)3/19/1997 11:32:00 AM
From: Kevin Hay   of 69
 
re: >> Any comments on the special meeting and stock option change?

I'm voting for it. Assuming the street knew there were 2 million
outstanding options and that it will be changed to 1 million, this
'should' be good news to the stock. Though at this point I won't be
suprised to find that many were not aware of this and that we'll get
increased downward pressure.

The document I was sent is fairly dense with legalize, but I think
the gist of it is that they realize 2M shares right now would kill
the stock, so they've lowered the number of shares and extended the
vesting period.

Wenninger owns enough of the stock that I think he has our interests
at heart.

-Kevin

PS. It's starting to feel like this one will be a hold until the
end of the year...., to get to the 8-9 range. Any guesses ?
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