CABLE DESIGN TECHNOLOGIES (CDT) Message Board

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Technology Stocks : CABLE DESIGN TECHNOLOGIES (CDT)

CDT 1.930

+14.9%

1:47 PM EST

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To: gary who wrote (54)	10/27/1999 2:45:00 PM
From: Ann Corrigan	of 107

I agree, gary. If you check bloomberg.com today, you'll find an announcement by CDT that GTC Fund II, a private equity fund that has held shares of the co. since l985, has distributed to its partners approximately 2.lM shares of the stock. The GTC Fund chairman stated that CDT has been one of their best investments, but the fund, which was originally formed in 1984, is significantly past its expected termination date and CDT was the last undistributed investment. Paul Olson, CDT CEO commented that "the distribution of the shares removes a large single overhang on the stock that they believe should be very beneficial to CDT's liquidity and long-term stock price." In addition, he added that "the co.'s products will allow it to realize significant long-term growth as the market demand for higher speed and higher bandwidth network products increases and the Internet expands." Evidently, this explains the price pullback after earnings. Ann

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