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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: kenx35 who wrote (15761)	1/10/2000 11:52:00 PM
From: Susan G	Respond to of 28311

Paul Allen/Vulcan just invested in LGF - Lion's Gate Entertainment also. The news got lost in the frenzy today. Allen's Vulcan takes 7.6 pct stake in Lions Gate WASHINGTON, Jan 10 (Reuters) - Microsoft Corp. co-founder Paul Allen, through his investment vehicle Vulcan Ventures Inc., has taken a 7.6 percent stake in Lions Gate Entertainment Corp. (AMEX: LGF), the developer, producer and distributor of movies and television content. Vulcan beneficially owns 2,515,125 shares, 1,765,000 of which the investment firm has the right to acquire upon conversion of its shares of Series A preferred stock, according to a passive filing made with the Securities and Exchange Commission. The remaining 750,125 can be acquired upon the exercise of a purchase warrant, according to the filing. Shares of Vancouver-based Lions Gate closed up 3/16 to 2-7/8 on the American Stock Exchange.