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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Nov 7 9:30 AM EST
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To: Tom Todd who wrote (410)7/22/1997 5:44:00 PM
From: Ken Muller   of 674
 
Tom:

I noticed in the Actel report that the TI convertible preferred shares show up at the end of 96 as a liability. However, when they converted into common and sold their shares shouldn't the average shares outstanding have increased?

Regards,
Ken
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