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To: fedhead who wrote (138820)	2/7/2002 2:30:28 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

We think a lot the same. You seem to lean on Tech more than me, but that's ok with me. Btw Bellevue Wash is my main residence, although I spend more time in San Diego Calif. siliconinvestor.com siliconinvestor.com

To: fedhead who wrote (138820)	2/7/2002 8:24:30 PM
From: H James Morris	Respond to of 164684

This might be the reason of UTSI's haircut the other day. Don't think Softbank, japans leading VC is not trying to get their hands on cash. 02/06 8:34A (DJ) +DJ UTStarcom: Softbank To Sell Part Of UtStarcom Stk >UTSI UTStarcom/Softbank -2: UTStarcom, Mgmt Won't Sell Any Stk ALAMEDA, Calif. (Dow Jones)--UTStarcom Inc. (UTSI) will file a registration statement with the Securities and Exchange Commission within the next week to register 10 million common shares held by Softbank America Inc. The shares will be sold in an underwritten offering, UTStarcom said in a press release Wednesday. Neither UTStarcom nor management intends to sell any of its shares in this offering. As part of this registration, Softbank Corp. has agreed to sign a 180-day lock-up agreement, prohibiting the sale of any additional shares during that period. Softbank Corp., the largest shareholder of UTStarcom with about 40% of total shares outstanding, has indicated its intention to sell these shares is based on their desire to increase their cash position for general operating purposes. (END) DOW JONES NEWS 02-06-02 09:51 AM