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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: trendmastr who wrote (2867)3/7/2001 10:04:43 PM
From: DiB  Read Replies (1) of 4808
 
RE: Inrange's lockup.

From Inrange's SEC filing prior to the IPO:
"Under current law, SPX will not be able to distribute its shares of Class A common stock to its stockholders on a tax-free basis prior to October, 2003, which is five years from the date SPX acquired General Signal Corp."

I thought this means that there will be no lockup expiration. What am I missing?

Thanks.
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