BL, there'll be plenty of new shares hitting the market next
month. In addition to the 5.75 MM shares from the secondary,
there are more, see below (from IPO prospectus):
APPROXIMATE
SHARES ELIGIBLE
RELEVANT DATES FOR FUTURE SALE COMMENT
- -------------- --------------- ------------------------------------------
<S> <C> <C>
On effective date(1)................. 4,800,000 Shares sold in this offering.
90 days after effective date(2)...... 0 Shares saleable under Rules 144 and 701.
2 days after September 30, 1999
quarterly results are
released(3)........................ 6,268,238 15% of shares subject to lock-up released;
shares saleable under Rules 144 and 701.
30 days after September 30, 1999
quarterly results are released..... 10,433,476 Additional 25% of shares subject to
lock-up released; shares saleable under
Rules 144 and 701.
180 days after effective date........ 22,677,779 All shares subject to lock-up released;
shares saleable under Rules 144 and 701. |
