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Technology Stocks : TeraBeam

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To: moat who started this subject2/9/2001 9:23:39 AM
From: Rono  Read Replies (1) of 227
 
The McCaw Mafia
Nicole Ridgway, Forbes Magazine, 02.01.01

"It gets downright incestuous. Alberg backs Terabeam, which uses laser
beams to zap data from one building to another. He put up an initial
$75,000 after seeing a prototype in 1998, getting shares at 9 cents apiece;
he injected $5.2 million more in two later rounds, at 50 cents a share in
1999 and $3.75 last year. Another investor is ex-McCaw man Keith
Grinstein of Second Avenue Partners (who operates out of the same office
building as Alberg)."

forbes.com
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