Jim - Here's the buy-back note -
Thursday October 30 5:35 PM EST
Company Press Release
Micro Linear Corporation Announces
Program to Purchase up to $1.5 Million of
Its Common Stock
SAN JOSE, Calif., Oct. 30 /PRNewswire/ -- Micro Linear Corp.
(Nasdaq:MLIN) announced today that it plans to begin an additional stock
repurchase program in which up to $1.5 million of its Common Stock may
be purchased by the Company in the open market from time to time,
depending upon market conditions, share price and other factors. Over the
past eighteen months the Company has purchased 1.3 million shares at an
approximate cost of $12.6 million. As of October 29,1997 the Company
had approximately 11.7 million shares outstanding.
Micro Linear Corporation is a public company that designs, manufactures
and markets high-performance analog and mixed-signal integrated circuits
for a broad range of technology markets that require high-integration,
system-level solutions. These markets include mass storage, personal
computers, notebooks, personal digital assistants (PDAs), local-area
networks, voice-band telecommunications, data acquisition, motor control
and power management. Micro Linear is an ISO 9002 registered
company.
SOURCE Micro Linear Corporation |
