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Technology Stocks : Turnstone Systems, Inc. (TSTN) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Streich who wrote (29)7/7/2000 5:59:09 PM
From: Glenn Petersen  Respond to of 64
 
From the prospectus:

sec.gov

APPROXIMATE SHARES
THAT BECOME
ELIGIBLE FOR SALE
RELEVANT DATE ON RELEVANT DATE COMMENT
- --------------------------------------- ------------------ ------------------------------------------
<S> <C> <C>
On Effective Date...................... 3,000,000 Shares sold in the offering

90 Days after Effective Date........... -- Freely tradable shares saleable under Rule
144(k) or 701 that are not subject to the
lock-up.

May 15, 2000........................... 2,596,547 10% of shares subject to lock-up released;
shares saleable under Rules 144 and 701.
3 days after results for the fiscal
quarter ended June 30, 2000 are
released............................. 6,569,134 Additional 25% of shares subject to
lock-up released; shares saleable under
Rules 144 and 701.
180 Days after date of prospectus...... 13,450,020 Lock-up on remaining shares released;
shares saleable under Rules 144 and 701.



To: Mark Streich who wrote (29)7/11/2000 11:56:40 PM
From: coachbobknight  Read Replies (1) | Respond to of 64
 
started building a short position here today...

hope it goes higher into the lock-up...

nice company but too many shares that were priced just a tad cheaper than tody's close of 197...

steve