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Strategies & Market Trends : Guidance and Visibility

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To: Mike C2 who wrote (101636)	12/22/2003 11:40:37 AM
From: Bob	Read Replies (1) of 208838

news on increasing authorized shares. DJ Eagle Broadband Seeks OK To Raise Authorized Cmn To 350M 12/22/2003 Dow Jones News Services (Copyright © 2003 Dow Jones & Company, Inc.) WASHINGTON (Dow Jones)--Eagle Broadband Inc. (EAG) is asking its shareholders to approve an increase in the company's authorized common stock to 350 million shares from 200 million. In a proxy filed Friday with the Securities and Exchange Commission, Eagle Broadband said the increase would provide better flexibility in raising additional capital, but it has no current plans to issue any common shares. Eagle Broadband, a provider of broadband products, has 188 million common shares outstanding. Shareholders who were on record Friday will vote on the proposal Feb. 17, 2004, at the annual shareholders meeting. Shares of Eagle Broadband recently traded at $1.45 each, up 3 cents. -By Brian Callaghan; Dow Jones Newswires; 202-862-1352; brian.callaghan@dowjones.com (END) Dow Jones Newswires 12-22-03 1126ET

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