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Technology Stocks : Kopin Corp. (KOPN)
KOPN 2.860-8.6%Jan 23 9:30 AM EST
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To: John Finley who wrote (915)11/8/1999 9:50:00 AM
From: John J. Riley  Read Replies (1) of 1820
 
Kopin seeks to boost authorized shares to 60 mln

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TAUNTON, Mass., Nov 8 (Reuters) - Kopin Corp. KOPN.O said
Monday its board of directors has called a special meeting of
stockholders to seek approval to increase the number of
authorized shares of common stock to 60 million from 20
million.
The company said it expects to hold the special meeting on
Dec. 15.
The board believes that increasing the number of authorized
shares will provide Kopin with the flexibility necessary for
stock splits, stock dividends, potential acquisitions,
additional financing, joint ventures and other transactions,
said the company, which makes advanced semiconductor materials
and miniature flat planel displays.
Shares of Kopin closed on Friday at 52 on the Nasdaq.

REUTERS
Rtr 09:05 11-08-99
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