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Technology Stocks : Lightpath Technologies: LPTH New WDM player -- Ignore unavailable to you. Want to Upgrade?

To: jkc who wrote (995)	6/7/2000 8:32:00 AM
From: voop	Read Replies (1) \| Respond to of 1219

surprised to see LC did not use LPTHA Gradium

To: jkc who wrote (995)	6/11/2000 11:06:00 PM
From: jbkelle	Respond to of 1219

jkc, aerosappy's post indicated that Lightchip would go for another round of VC in Q3... "Financing plans subject to change at any time, but currently Bill plans for mezzanine financing in Q3 2000 ($35+/- million, depending on valuation) with an IPO in Q1 of 2001. LightPath and other existing investors may decide to participate, but that is up to them." I wonder what Lightpath will do with some of the cash from the warrant call? Seems to me unlikely that any of the current investors would be willing to let their ownership share be diluted, including Lightpath. just one person's opinion...jbk