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Technology Stocks : Concentric Network Corporation (CNCX)

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To: Peter Blanchard who wrote (331)11/5/1999 1:12:00 PM
From: BenYeung  Read Replies (1) of 377
 
From CBS Marketwatch:
Japan's Softbank files to dump 191,000 Concentric shares

Japan's Softbank Ventures registered to sell a block of 191,000 Concentric Network Corp. shares of common stock, according to filings with the Securities and Exchange Commission.

The block of shares to be sold have an estimated aggregate worth of $4.6 million, the filing said.

At Concentric's (CNCX: news, msgs) current price of 28 5/8, Softbank Venture's block of shares would be worth $4.8 million.
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