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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: stock bull who wrote (137838)	7/27/1999 1:38:00 PM
From: GVTucker	Read Replies (1) \| Respond to of 176387

stock bull, RE: Since the shareholders, to my knowledge, haven't been asked to vote for the issuance of new shares, aren't the 4mm shares "treasury shares"? Shareholders' approval isn't required for the issuance of new shares as long as there are enough shares authorized. For example, recall that recently DELL shareholders voted to increase authorized shares from 3 bln. to 7 bln. Given that the current shares outstanding are around 2.5 bln, DELL could theoretically have a secondary offering of more than 4 bln shares now without prior approval of shareholders.