Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Teddy who wrote (43777)	1/17/1998 10:01:00 PM
From: HardMoney	Read Replies (1) of 58324

This thought just popped into my mind........ok no jokes<ggg>. Last April, IOM's board increased the number of Authorized Shares to 400 million. After the split ther are what?...270 million "Issued Shares" outstanding, with almost 130 Million! Shares authorized but not yet issued......why? Please!........ not a 3 for 2 split after we hit $ 18.<ggg> Still though, why the extra shares.....to buy something or to keep from being bought? Any thoughts? Frank

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