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Technology Stocks : Netpliance <NPLI> .com/iopener
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To: Glenn Petersen who wrote (42)4/9/2001 7:38:44 PM
From: Glenn Petersen   of 51
 
NPLI has filed a tender offer to purchase the underlying options for 3,673,084 shares of its common stock, such options having a weighted average exercise price of $3.84. These options are held by employees and directors. One share of restricted stock will be issued in exchange for every five options tendered. The restricted shares will vest over a three year period.

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