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To: Martin Atogho who wrote (25118)1/11/2000 12:51:00 AM
From: hasan syed  Read Replies (1) | Respond to of 27307
 
Actually, companies incorporated in California do not need authorization from shareholders. A good example of this is CSCO. I'm not sure where either YHOO (from teh valley obviously) or QCOM (SD area) are incorporated, but if they indeed are in CA, state corporate law is such that it isn't required. Hope this helps.

Regards,
Hasan



To: Martin Atogho who wrote (25118)1/11/2000 1:17:00 AM
From: TARADO96  Read Replies (1) | Respond to of 27307
 
I beg your pardon. QCOM did not have the 3B shares authorized, that's why they sent the proxies, along with the vote for a split. I should know this quite well since I received and read the QCOM proxy.