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Venture Capital Jail Break?

Traders Magazine, January 2001

Omar Sacirbey

A total of 153 lockup periods accounting for roughly 3.7 billion shares will have expired by the end of March, according to Thomson Financial/Carson. The bulk of those - more than 1.9 billion shares - were released in the final 16 days of last month.

Leading the way were communications equipment maker Corvis Corp. (Nasdaq: CORV) and healthcare products producer Bruker Daltonics (Nasdaq: BDAL). Corvis' expiration unlocked about 255 million shares, while Bruker Daltonics' unlocked another 455 million shares. The two companies account for almost 37 percent of all shares unlocked during the remainder of the month.

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