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

To: Madharry who wrote (620)	9/14/2000 7:33:40 PM
From: architect*	Read Replies (1) \| Respond to of 955

Armin, From the little research I have done, and the short summary that Trueger provided in the conference I am pleased with the quality of the private holdings, recently released on the website. Many <a high percentage> of these private companies are in hot technology industries, such a Optical companies and companies that provide the "next generation" telecom services and equipment". LDP has just released the amount of investment for each private company. Trueger mentioned no further details would be released <prior to the IPO filings>, so LDP's competition would not have an unfair advantage. Without having the percentage ownership of each company, Trueger mentioned a using a multipler for establishing the value of the current $182 Million investment in 17 the private stocks. Private Stocks Company Cost ..................in $1,000 AccessLan Communications, Inc.... 14,550 Agility Communications, Inc....... 7,500 Alacritech, Inc....................... 10,000 Ceon Corporation................... 19,593 Continuus Software Corporation.... 6,000 Hybrid Networks, Inc...............5,500 I-Cube, Inc. .........................8,690 KnowledgeNet, Inc. ................7,237 LightChip, Inc..................... 25,000 Mahi Networks, Inc................ 4,450 MainStreet Networks, Inc. .........7,168 Mayan Networks, Inc. ...............21,019 OnLink Technologies, Inc..........14,500 RedCreek Communications, Inc...... 9,989 Shomiti Systems, Inc................ 5,000 Silicon Spice, Inc.......................9,800 Westwave Communications, Inc...... 6,735 Total private investments ......$182,681,000 It's easiest for me to guess at a multiplier based on general factors like 1. The performance of LDP's current portfolio +984% 2. Any huge winners lately, sure NUFU 3. high number of private stocks in hot technology industries 4. Trueger's reputation and ability to make future deals In the interest of generating further discussions on the "valuation multiplier" that considers the average increase in value of these companies from the initial investment until they go public. I guess 5.5 times $182 million or $ 1 billion in value for these as public companies. In the past the market has given CMGI SFE or ICGE huge multipliers because they were perceived as good deal makers. From what I see Trueger is a world class deal maker. Hope this helps John