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Technology Stocks : Turnstone Systems, Inc. (TSTN)
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To: Mark Streich who wrote (29)7/7/2000 5:59:09 PM
From: Glenn Petersen   of 64
 
From the prospectus:

sec.gov

APPROXIMATE SHARES
THAT BECOME
ELIGIBLE FOR SALE
RELEVANT DATE ON RELEVANT DATE COMMENT
- --------------------------------------- ------------------ ------------------------------------------
<S> <C> <C>
On Effective Date...................... 3,000,000 Shares sold in the offering

90 Days after Effective Date........... -- Freely tradable shares saleable under Rule
144(k) or 701 that are not subject to the
lock-up.

May 15, 2000........................... 2,596,547 10% of shares subject to lock-up released;
shares saleable under Rules 144 and 701.
3 days after results for the fiscal
quarter ended June 30, 2000 are
released............................. 6,569,134 Additional 25% of shares subject to
lock-up released; shares saleable under
Rules 144 and 701.
180 Days after date of prospectus...... 13,450,020 Lock-up on remaining shares released;
shares saleable under Rules 144 and 701.
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