| Livingston Enterprises, Inc. | |||
| Proposed Ticker: | LIVS | 4464 Willow Road | |
| Exchange: | NASDAQ-National Market | Pleasanton, CA 94588 | |
| Industry: | High-Tech (SIC Code 7373) | (510) 737-2100 | |
| Type of Shares: | Common Shares | Filing Date: | 5/16/97 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $40,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| Morgan Stanley & Co. Incorporated | Lead Manager | (212) 761-5900 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Issuer's Law Firm: | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm: | Brobeck, Phleger & Harrison |
| Auditor: | KPMG Peat Marwick |
| Registrar/Transfer Agent: | ChaseMellon Shareholder Services, L.L.C. |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 8/31/96 | 2/28/97 | 2/29/96 | 2/28/97 | ||
| Revenue: | $46.11 | $31.32 | $21.41 | Assets: | $27.65 |
| Net Income: | $8.85 | $4.68 | $4.85 | Curr Assets: | |
| EPS: | $0.62 | $0.32 | $0.35 | Liabilities: | $7.53 |
| Prior EPS: | $0.38 | $0.42 | $0.80 | Curr Liabilities: | |
| Cash Flow/Oper: | $3.38 | Equity: | $20.12 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading provider of integrated remote access networking solutions for ISPs worldwide. Used by ISPs to connect their subscribers to the Internet, the company's remote access servers deliver high performance at a low price per port, making them particularly well-suited for the intensely competitive ISP market. The company also provides office routers and firewall routers that are resold by ISPs to corporate customers for Internet connectivity and other remote access networking applications. The company believes that more ISPs worldwide use Livingston's remote access servers than those of any other vendor. Since the company's introduction of its first remote access server in 1990, over 2,000 ISPs have purchased the company's remote access products. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |