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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (10544)	1/25/2001 6:16:40 PM
From: D GALL	Read Replies (1) \| Respond to of 30051

Zeev, They got the shares 12/15/00 and I think they sold for an avg of ~$131 according to this pr: MARKHAM, ON, Jan. 25 /PRNewswire/ - ATI Technologies Inc. (NASDAQ: ATYT TSE: ATY), the world leader in 3D graphics, video and multimedia solutions, announced today that it has realized cash proceeds of (US) $65 million through the sale of shares held in Broadcom Corporation, the Irvine, California-based integrated silicon solutions provider. ATI received approximately 494,000 shares of Broadcom common stock on December 15, 2000, when that firm purchased SiByte, Inc., the Santa Clara, California-based integrated processor solutions developer. ATI sold the Broadcom shares for cash proceeds of (US) $65 million, realizing a total gain of approximately (US) $54 million. Under the terms of the Broadcom purchase of SiByte, ATI may receive further share consideration, contingent upon SiByte achieving future performance targets.