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Non-Tech : Ingram Micro
IM 38.890.0%Dec 13 4:00 PM EST

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To: flickerful who wrote (472)2/9/2000 11:41:00 PM
From: Reseller  Read Replies (2) of 576
 
This from Ingram, when further questions, the number of shares and the value were submitted a statement defining the quite period was cited and further that value would be stated in the upcoming quarterly report on 2/17. There's been suggestion that Ingram's SoftBank holdings alone are equal to Ingram's market cap. The response implies that Ingram still holds these shares but I don't read Japanese very well and have been unable to identify the actual number of shares or their value. I guess I'll have to search their securities exchange commission filings for further insights.

In late fall of 1998, Ingram Micro and Softbank formed a strategic alliance with an exclusive distribution partnership. As a good faith move, we invested $50 million in each other's companies to demonstrate our commitment to working with each other.

Kim Strohm
VP Corporate Communications
Ingram Micro
714-382-4400 phone
714-566-9440 fax
kim.strohm@ingrammicro.com
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