XOOM [XMCM] Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : XOOM [XMCM]

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary105 who wrote (461)	4/12/1999 8:41:00 PM
From: Jenne	Read Replies (2) of 687

They did mention CNET.. and coincidentally.... Cnet to Increase Authorized Shares Outstanding to 400 Mln Bloomberg News April 12, 1999, 4:40 p.m. PT Cnet to Increase Authorized Shares Outstanding to 400 Mln San Francisco, April 12 (Bloomberg) -- Cnet Inc. directors agreed to increase authorized common shares in the Internet site and television-programming provider to 400 million from 50 million, according to a federal regulatory filing. Directors also agreed to increase common shares available for employee-incentive stock options to 6.2 million from 5 million, according to the U.S. Securities & Exchange Commission filing. The authorized -- though unissued -- shares give the San Francisco-based company the flexibility to pursue acquisitions, financing and stock-splits, its filing said. Many Internet companies have used their fast-rising shares as currency to make acquisitions. Shareholders are scheduled to vote on the increase at a May 26 meeting. Cnet rose 8 1/2 to 142 3/4. Technology industries CAD/CAM \| Communications Svcs \| Computer Svcs \| Distributors \| Internet \| Networking \| PC Hardware \| PC Software \| Peripherals \| Semiconductors \| Semi Cap Equip \| Server Hardware \| Server Software \| Storage \| Telecom Wireless \| Telecom Wireline Other industries Quote lookup by symbol by name sponsored by Oracle

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next