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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Lynch who wrote (9838)	5/23/1999 4:09:00 PM
From: brushwud	Read Replies (1) \| Respond to of 13565

> the...proposal to increase the number of authorized shares of common stock of the company to 500,000,000 shares...Will it dilute the current share price, etc.? No, it is quite routine and doesn't increase the number of shares, only gives the board of directors the ability to do so. As the proxy points out, they have just about enough shares already authorized to effect one 2:1 split, and this will give them enough extra also to handle an acquisition, if necessary. The moves to incorporate in Delaware, stagger the election of directors, and eliminate cumulative voting of directors are probably more significant. Maybe that last roller-coaster ride from $45 to $6 induced them to take more steps to insure that they won't get bought up cheaply.