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Technology Stocks : Scientific Atlanta -SFA- going up ??? -- Ignore unavailable to you. Want to Upgrade?


To: scope who wrote (249)4/19/1998 1:47:00 PM
From: shane hartman  Respond to of 1045
 
SFA has 1.5M shares of Class B BroadCom

From EDGAR

The following is a summary of transactions by the Registrant since January 1, 1995 involving sales of the Registrant's securities that were not registered under the Securities Act:

1. In March 1995, the Registrant issued and sold 500,000 shares of Series C Preferred Stock to Scientific-Atlanta, Inc. at a price per share of $2.00. Each share of Series C Preferred Stock will convert into three shares of Class B Common Stock upon consummation of this offering.

Class B stock has 10 votes per share vs. 1 vote per share for Class A. Don't know what it is quoted at, but SFA has 1.5M shares (=~ $75M at class A price of ~ 50).



To: scope who wrote (249)4/19/1998 2:07:00 PM
From: Glenn M  Read Replies (2) | Respond to of 1045
 
According to Saturdays Atlanta Journal, SFA owns 3.8% of Broadcom.
Glenn