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Technology Stocks : SatCon Technology (SATC)

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To: Jim Oravetz who wrote (378)	5/8/2001 12:47:25 PM
From: Jim Oravetz	Read Replies (1) of 440

SatCon Tech Hldrs Clear Authorized Shr Boost To 50M CAMBRIDGE, Mass. -- SatCon Technology Corp. (SATC) stockholders approved an increase in the company's authorized common shares to 50 million from 25 million. In a press release Monday, the company said stockholders at the annual meeting also approved its 2000 stock incentive plan and confirmed the appointment of Arthur Andersen LLP as independent auditors for the fiscal year ending Sept. 30. SatCon Technology develops, makes and sells power and energy management products for the digital power market.

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