Nigel:
Thanks for the pointer. Won't make the hurdle, but may lead to
something that will some day. Again, I (and others, I'm certain)
appreciate the pointers.
Let's spend some time looking at prospecti, as they are about to hit
in droves. Let's compare this year's with last year's, and see if we
can identify funds/entities that are bailing.......
iqc.com
Corning Incorporated
One Riverfront Plaza
Corning, NY 14831................................. 2,875,081(2) 14.93%
Merrill Lynch & Co. Inc.
250 Vesey St.
World Financial Center N. Tower
New York, NY 10289................................ 1,724,000(3) 8.95%
D.E. Shaw Investment Group L.P.
120 W. 45th St. 39th floor
Tower 45
New York, NY 10036................................ 1,274,579(4) 6.62%
Wellington Management Company, LLP
75 State Street
Boston, MA 02109.................................. 1,015,200(5) 5.27%
*************************
Shaw reported 1,274,579 shares (no change) on 6/22/98. Corning
registered 2,875,081 shares (no change) on 7/8/98. Merrill Lynch
filed 5/8/98 in one of those confusing filings (Princeton Services, ML
Asset Management, and ML Growth Fund) for what looks like 1,291,500
shares (I could use some help here). They filed again 2/4/99 for the
entire 1,724,000 shares. Wellington filed 2/9/99 for the 1,015,200
shares.
From the S-4/A, filed 5/8/98.......
Corning Incorporated.................. 2,875,081 15.3%
One Riverfront Plaza
Corning, New York 14831
D.E. Shaw Investment Group, LP........ 1,274,578 6.8%
120 West 45th Street, 30th Floor
New York, NY 10036
The Corning Museum of Glass........... 555,924 3.0%
One Museum Way
Corning, New York 14830
For the '97 proxy, Institutional Venture Partners was listed for
873,100 shares and Schering-Plough for 764,248 shares. These are
under the 5% reporting limit, so I don't know if they still hold them.
It is likely, IMO, that these are a portion of the shares that ML or
Wellington (or both) acquired. Anybody remember if Schering bailed?
The Museum of Glass shares.... any guesses?
I'll bet that IVP bailed. No surprise if they did. |
