SI
SI
discoversearch

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 : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Stitch who wrote (3776)6/22/1998 6:53:00 PM
From: Gottfried  Read Replies (1) | Respond to of 9256
 
Stitch, all: "Komag Files Preliminary Proxy Statement for Special Meeting of Stockholders"
Monday June 22, 5:21 pm Eastern Time

Company Press Release
SOURCE: Komag, Incorporated
excerpts:

At the special meeting company stockholders will vote on a proposal to increase the amount of common stock the company is authorized to issue from 85 million shares to 150 million shares.
[snip]
The size of the company's expected second quarter net loss will result, unless cured, in a technical default under the company's various credit lines at the end of the June quarter.


biz.yahoo.com

GM