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Technology Stocks : Texas Instruments (TXN)
TXN 161.46+0.6%Oct 31 9:30 AM EST

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To: JP who wrote (9)5/11/1996 8:03:00 AM
From: cody andre   of 23
 
Treasury Stock: On April 18 or 19, TXN had its annual meeting.
I remember one of the proposals was to increase the number of
shares from the present 300 to 500 million. It will mean over
300 million treasury stock shares. Will this potential dilution
put a cap on the stock? On the other hand, it tells me that the
TXN management intends to embark on an acquisition campaign using
stock instead of cash. In order to achieve this, it will have
to put up the stock price.

What's your opinion on these developments ? // CA
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