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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (846)	4/19/2000 2:33:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 2850

Tom, Reuters owns 61% of TIBX so they own 113 million of the shares. Also the the IPO was 7-14-99 so the lockup period ended in mid Jan. So insiders had plenty of chance to sell at over twice current levels. And they did sell a fair bit. over a million shares. so insiders other than Reuters own 26 or 27% of the company. ------------------ EQUITY Common Stock $.001 Par, 3/00, 300M auth., 185,240,750 issd. Insiders control 88%, (Reuters PLC owns approx. 61%). IPO 7/14/99, 7,300,000 shares @ $15 by Goldman, Sachs & Co. PO: 3/00, 5M shs. (4,025,750 by Co.) @ $106 by Goldman, Sachs. (As of 11/99) The Company reports debt. All Prfd. Stock conv. into Common upon IPO. 2/00, 3-for-1 stock split. ANALYST FOOTNOTES TIB = The Information Bus. *FY'11/97 = 11 months due to an FYE change from DEC to NOV. All weighted average shares prior to the IPO are proforma. 3/99 B/S is also proforma.