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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: Kerry Lee who wrote (1190)4/28/1999 7:59:00 PM
From: George Dawson   of 4808
 
This is a huge document (114 pages in length) that I plan to read in detail, especially with regard to the IPO. In addition to the IPO shares of 3.25M relative to the total common shares of 25,281,781 there is the lock up feature in effect.

For the first 180 days there are various lock up provisions restricting the amount of stock that can be traded. For example, after 180 days 11,634,545 shares will become eligible for sale. Before that (90 days) - shares are subject to limitations of Rule 144.

George D.
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