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

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To: Trakker who wrote (17015)2/24/1997 1:53:00 PM
From: Tom Trawinski   of 58324
 
>>>3. To approve an amendment to the Company's Restated Certificate of
Incorporation increasing the number of authorized shares of Common Stock from 150,000,000 to 400,000,000.
<<<

I for one certainly did not expect this. My concerns: 1) Is this considered a split or another seconary offering?; 2) Do they have an
effective date by which this must be done?; 3) Why are they increasing the number of shares?

Tom
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