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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?


To: LR who wrote (3278)3/18/1998 11:28:00 AM
From: Charlie Smith  Read Replies (1) | Respond to of 6180
 
LR:

TXN is asking shareholders to approve AUTHORIZED common shares from 500mm to 1200mm. This is very different from actually ISSUING 700mm new shares for consideration. A move like this paves the way for a stock split if the board deems it necessary in the future. Hope this helps.

Charlie Smith