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Technology Stocks : Audible Inc-(Nadaq-ADBL)

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To: Susan Saline who wrote (64)7/23/1999 9:53:00 AM
From: AlienTech  Read Replies (1) of 165
 
MSFT/CPQ/T and kliner perkins owns 50% of ADBL
CPQ also ships their software with their machines, So does windows CE. But they are also doing MP3 formats.

The 4 million shares represent about 16 percent of the company's total number of common shares that will be outstanding after the IPO. The shares may trade on Nasdaq under the symbol (Nasdaq:ADBL - news).

Major shareholders of Audible include Microsoft Corp. (Nasdaq:MSFT - news), with a 7.9 percent stake after the IPO; AT&T Corp.'s (NYSE:T - news) AT&T Ventures (6.1 percent); and CPQ Holdings Inc., an affiliate of Compaq Computer Corp. (NYSE:CPQ - news) (4.5 percent).
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