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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST

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To: Mark Oliver who wrote (705)8/3/2000 6:57:14 PM
From: Mark Oliver  Read Replies (1) of 723
 
Electro Scientific Seeks To Raise Auth Cmn Shares To 100 Million

Dow Jones Online News, Monday, July 24, 2000 at 12:51

WASHINGTON -(Dow Jones)- Electro Scientific Industries Inc. (ESIO) is seeking shareholder approval to increase its authorized common shares to 100 million from 40 milli issue any of the additional shares.

Also at the Sept. 22 meeting, shareholders will elect three directors to server three-year terms on the company's board and will vote on whether to ratify Arthur Andersen LLP (X.ART) as Electro Scientific's independent auditor for fiscal year ending June 2, 2001.

Shareholders of record at the close of business on Aug. 3 are entitled to vote at the meeting. As of June 3, the company had 27 million shares of common stock outstanding.

Electro Scientific Industries, based in Portland, Ore., designs and makes products used in electronics manufacturing.
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