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Technology Stocks : LBRT - Liberate -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (83)	1/17/2000 10:17:00 PM
From: pat mudge	Respond to of 409

Have they priced the secondary? Whatever it is, it'll put a ceiling on the stock until it's complete. For a comparison, I've looked at JNPR. On the day before they announced their secondary, Sept. 1, 1999, the stock closed at 210. The price was set at 208 and the market took it down to 169, intraday, and then kept it in a trading range for nearly a month before it finally closed above 210. I have no idea if this pattern will play out here. Perhaps others have better examples. Pat

To: Snowshoe who wrote (83)	1/18/2000 11:22:00 AM
From: pat mudge	Read Replies (1) \| Respond to of 409

From Dow Jones. Note CEO isn't selling: January 17, 2000 Dow Jones Newswires Liberate Tech Files For Follow-On Offering SAN CARLOS, Calif. -- Liberate Technologies (LBRT) filed a registration statement with the Securities and Exchange Commission for a follow-on offering of about 2.55 million shares. In a press release Monday, the company said existing shareholders will also offer about 4.95 million shares. Credit Suisse First Boston authorized the early release of up to 800,000 of Liberate's common shares, following their initial public offering. The shares reflect the Jan. 14 stock split. The release shares are not held by Mitchell Kertzman, the company's president and chief executive. Liberate Technologies provides software for Internet applications. >>> Pat