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Non-Tech : Berkeley Technology Limited (BLKYY) -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (596)	9/11/2000 6:47:58 PM
From: architect*	Read Replies (1) \| Respond to of 955

lightchip.com <snip> "Berkeley International Capital Corporation led the financing with continuing participation by Morgenthaler Ventures, AT&T Ventures, LightPath Technologies (NASDAQ: LPTH), and J.P. Morgan Capital. This third round brings to $85 million the total investment received by Lightchip since its founding." LDP has invested $25 million of the $85 million total invested in Lightchip = 30% of the private investment. Additional rounds of financing will further dilute LDP's % ownership. One could speculate on a % of ownership that would be retained by the Lightchip company and deduct %. Trueger mentioned today that LDP is confidential on the projected number of shares. # shares would be needed to project the real % ownership of private holdings. Trueger compared Lightchip to New Focus NUFO. IMO Lightchip could add $6 - $10 per share to LDP shareprice. I believe Lightchip is scheduled to IPO spring 2001. He also spoke highly of Ceon Corp, Mayan Networks, Agility Communications and others. Anyone catch Truegers valuation for LDP's insurance/annuity division was it $1 Billion or $2.5 Billion?