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Technology Stocks : VTEL: Anyone else follow this?

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To: sargent who wrote (809)10/1/1997 12:37:00 AM
From: Dale Stempson   of 1214
 
I don't appreciate your rude comment... "Hello.........ding
dong...............is anyone home?"
It is particularly annoying given the the following facts:

VTEL's 9/8/97 S-3 SEC filing (avaliable at freeedgar) shows:

PLAN OF DISTRIBUTION; SELLING STOCKHOLDERS

This Prospectus relates to 2,879,829 shares of Common Stock that may be
offered and sold from time to time by the Selling Stockholders. Set forth below
is information, as of the date hereof, regarding the beneficial ownership of the
Shares by each Selling Stockholder.
<TABLE>
<CAPTION>

NUMBER OF SHARES
OF COMMON STOCK NUMBER OF
BENEFICIALLY SHARES OF COMMON STOCK
OWNED COMMON BENEFICIALLY OWNED
PRIOR TO STOCK AFTER
OFFERING (1) OFFERED OFFERING (2)
------------------- --------- ------------------

SELLING STOCKHOLDERS NUMBER PERCENT
-------------------- -------- --------
<S> <C> <C> <C> <C>
Infinity Investors Limited (3).............. 965,643 965,643 --- ---
Seacrest Capital Limited (4)................ 263,387 263,387 --- ---
OTA Limited Partnership (5)................. 23,000 23,000 --- ---
Alpine Capital Partners, Inc. (6)........... 23,000 23,000 --- ---
Intel Corporation (7)....................... 1,672,546 1,604,799 67,747 *
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