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Technology Stocks : Wind River going up, up, up!
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To: Mark Brophy who wrote (6167)8/25/1999 1:38:00 AM
From: bythepark   of 10309
 
Mark,

I thought that you & others would like to see that WIND's IR person, De Anna Mekwunye has answered a question I asked her today about WIND's equity position in LBRT. At today's closing price for LBRT, WIND has nearly doubled its money.

I believe E-Sim Ltd (EIM) is another one of WIND's modest investments that seems to doing OK as well.
--alan

> Wind River Systems is an investor in Liberate. We initially invested $2M
> to purchase 1.25 million Series E preferred shares in Liberate. Immediately
> preceeding the IPO these were subject to a 6:1 reverse split and converted
> into common stock - traded under the ticker LBRT. Therefore our 1.25
> million preferred shares were converted into 208,333 shares of LBRT common
> stock.
>
> In Liberate's press release today, they did not list all of their
> investors. For the most part they listed the names of investors who are in
> the cable modem industry.
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