Summit Design (SMMT)-Another EPIC? Message Board

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Technology Stocks : Summit Design (SMMT)-Another EPIC?

SMMT 17.54

+0.2%

3:59 PM EST

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To: Andrew Furst who wrote (50)	2/20/1998 3:47:00 PM
From: Claude Edelson	Read Replies (1) of 100

stock price coming back Relate to BARS conference next week? Following? Form S-3 SHELF SEC RECEIVED: 02/19/98 ISSUER: SUMMIT DESIGN INC. SYMBOL: SMMT UNDERWRITER: N/A OFFERING: 1.3 million shares for selling holders NARRATIVE DESCRIPTION Summit Design Inc. is registering 1.3 million shares of common stock for a group of selling holders, but only 743,202 of the shares are available to be sold immediately. The additional 520,133 shares owned by the selling stockholders are subject to an escrow pursuant to a reorganization agreement. The escrow will expire on March 9, 1999 to the extent no claims on the escrow are outstanding.

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