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To: Ariella who wrote (6945)1/11/1999 9:46:00 PM
From: Mark Buczynski  Respond to of 8359
 
Ariella,

I'm not an expert in this arena, but I believe the increase in
authorized treasury shares is necessary for either option in the
Strategic Alternative. Either way, the shares purchased by our 'partner' in the company would have to come out of the treasury
shares. This subject has been discussed on the Yahoo! board
(I think), and was not surprising to see in the filings.

Long ...:) Mark in (MD) Florida.....



To: Ariella who wrote (6945)1/11/1999 10:34:00 PM
From: James Hutton  Respond to of 8359
 
Ariella,

I think at the last two shareholder meetings, number of shares has gone from 35 to 50 million and 50 to 75 million. Now they are proposing 75 to 100 million. Seems to be the normal course of business.

Nice to see you back on this board.



To: Ariella who wrote (6945)1/12/1999 9:17:00 AM
From: kc  Read Replies (1) | Respond to of 8359
 
One of the requirements for NYSE listing is the number of shares outstanding, as well as the number of shareholders and size. I don't remember the exact numbers.