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To: H James Morris who wrote (41653)2/21/1999 9:11:00 PM
From: GST  Respond to of 164687
 
I forgot to report back to you on that -- positive returns but nowhere near happy about it in view of the risks and the premiums.



To: H James Morris who wrote (41653)2/21/1999 10:02:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
Paul Allen owns stake in bookseller
By Bloomberg News
Special to CNET News.com
February 20, 1999, 2:45 p.m. PT
Billionaire Paul Allen, a cofounder of Microsoft Corp. and one of the world's richest people, revealed that he owns about 5 percent of online bookseller Computer Literacy.
Allen's Vulcan Ventures owns 558,363 shares, worth $7.96 million based on yesterday's closing stock price, according to a filing with the Securities and Exchange Commission. Computer Literacy, which first sold shares to the public November 20, sells books, training software, and manuals for technical professionals.
Allen has invested billions of dollars in companies related to the Internet, computers, cable television, and sports. He helped start Microsoft, the world's biggest software company, with Bill Gates.
Allen bought his Computer Literacy stake in 1998 before the company's initial offering, a spokeswoman said. Shares of Sunnyvale, California-based Computer Literacy rose half a point to 14.25.
Allen is an investor in CNET: The Computer Network, publisher of News.com.
Copyright 1999, Bloomberg L.P. All Rights Reserved.