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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Cascade Corporation
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(Name of Issuer)
Common Stock
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(Title of Class Securities)
147195101
------------------------------------
(CUSIP Number)
Kenneth D. Heller
Cannell Capital, LLC, 150 California Street, 5th Floor, San Francisco, CA 94111
(415) 395-3330
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications
July 19, 2002
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(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. |_|
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a current
valid OMB control number.
SEC 1746 (2-98) Page 1 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Cannell Capital, LLC
94-3366999
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
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4. Source of Funds (See Instructions) OO....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization California.......................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
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10. Shared Dispositive Power 0............................
-----------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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IA............................................................................
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Page 2 of 15 pages
CUSIP No. 147195101
---------
1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
J. Carlo Cannell
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
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4. Source of Funds (See Instructions) OO....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization USA..............................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
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10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
14. Type of Reporting Person (See Instructions)
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IN/HC.........................................................................
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Page 3 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
The Cuttyhunk Fund Limited
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
-------------------------------------------------------------
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4. Source of Funds (See Instructions) WC....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization Bermuda..........................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
------------------------------------------------------------
10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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CO............................................................................
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Page 4 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
The Anegada Fund Limited
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
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4. Source of Funds (See Instructions) WC....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization Cayman Islands...................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
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10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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CO............................................................................
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Page 5 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
GS Cannell, LLC
98-0232642
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
-------------------------------------------------------------
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4. Source of Funds (See Instructions) WC....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization Delaware.........................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
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10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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OO............................................................................
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Page 6 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Tonga Partners, L.P.
94-3164039
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
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4. Source of Funds (See Instructions) WC....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization Delaware.........................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
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10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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PN............................................................................
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Page 7 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Pleiades Investment Partners, LP
23-2688812
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
---------------------------------------------------------------------
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3. SEC Use Only.............................................................
-------------------------------------------------------------
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4. Source of Funds (See Instructions) WC....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization Delaware.........................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
------------------------------------------------------------
10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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PN............................................................................
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Page 8 of 15 pages
CUSIP No. 147195101
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1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
George S. Sarlo 1995 Charitable Remainder Trust
94-6685897
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]..................................................................
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(b) [_]..................................................................
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3. SEC Use Only.............................................................
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4. Source of Funds (See Instructions) WC....................................
--------------------------------------
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5. Check if Disclosure of Legal Proceeding Is Required Pursuant to
Items 2(d) or 2(e)...................................................
---------------------------------------------------
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6. Citizenship or Place of Organization California.......................
-----------------------------------
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Number of Shares 7. Sole Voting Power 0....................................
Beneficially -------------------------------------
Owned by Each ------------------------------------------------------------
Reporting Person 8. Shared Voting Power 0..................................
With: -----------------------------------
------------------------------------------------------------
9. Sole Dispositive Power 0..............................
-------------------------------
------------------------------------------------------------
10. Shared Dispositive Power 0............................
-----------------------------
------------------------------------------------------------
--------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person 0..........
-----------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) ..............................................
---------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0.0%.................
---------------------
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14. Type of Reporting Person (See Instructions)
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OO............................................................................
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Page 9 of 15 pages
Page 10 of 15
Item 1 Security and Issuer
This statement relates to Common Stock ("Common Stock"), issued by
Cascade Corporation, an Oregon Corporation. The address of the
principal executive offices of Cascade Corporation is 2201 N.E. 201st
Avenue, Fairview, OR 97024.
Item 2 Identity and Background
Name: Cannell Capital, LLC ("Adviser")
Place of Organization: California
Principal Business: Investment Adviser
Address: 150 California Street, 5th Floor, San Francisco, CA 94111
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Name: The Cuttyhunk Fund Limited ("Cuttyhunk")
Place of Organization: Bermuda
Principal Business: Investment
Address: 73 Front Street, Hamilton, Bermuda HM 12
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Name: The Anegada Fund Limited ("Anegada")
Place of Organization: Cayman Islands
Principal Business: Investment
Address: c/o Goldman Sachs (Cayman) Trust, Limited, 2nd Floor, Harbour
Centre, George Town, Cayman Islands, BWI
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Name: Tonga Partners, L.P. ("Tonga")
Place of Organization: Delaware
Principal Business: Investment
Address: 150 California Street, 5th Floor, San Francisco, CA 94111
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Name: GS Cannell, LLC ("GSC")
Place of Organization: Delaware
Principal Business: Investment
Address: 701 Mount Lucas Road, CN 850, Princeton, NJ 08542
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Page 11 of 15
Name: Pleiades Investment Partners, LP ("Pleiades")
Place of Organization: Delaware
Principal Business: Investment
Address: 6022 West Chester Pike, Newtown Square, PA 19073
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Name: J. Carlo Cannell
Address: 150 California Street, 5th Floor, San Francisco, CA 94111
Criminal Proceedings: None
Applicable Civil, Judicial or Administrative Proceedings: None
Citizenship: United States
J Carlo Cannell is the controlling and managing member of Adviser.
Adviser serves as investment adviser to Cuttyhunk, Anegada, GSC, and
Pleiades. Adviser is general partner and investment adviser to Tonga.
All of the members of the group no longer hold any outstanding shares
of Common Stock of Cascade Corporation and are no longer a Reporting
Person.
Item 3 Source and amount of Funds or other Consideration
N/A
Item 4 Purpose of Transaction
The Common Stock was sold in the ordinary course of the Adviser's
management of the accounts of its investment advisory clients.
Subject to availability at prices deemed favorable, the Reporting
Persons may acquire shares of Common Stock of the Company from time to
time in the open market, in privately negotiated transactions or
otherwise. The Reporting Persons may dispose of shares of Common Stock
of the Company from time to time in the open market, in privately
negotiated transactions or otherwise.
Except as set forth above, the Reporting Persons has no present plans
or intentions that relate to or that would result in any of the
transactions described in clauses (a) through (j) of Item 4 of Schedule
13D.
Item 5 Interest in Securities of the Issuer
(a) Not Applicable
(b) The responses of the Reporting Persons to Items 7 through 11 of the
portions of the cover page of this Schedule D which relate to
beneficial ownership of shares of the Common Stock are incorporated
herein by reference.
(c) A list of transactions in the past 60 days.
Page 12 of 15
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Party Date Amount Bought Price per Share Where & How
(Sold) Effected
----------------------------------------------------------------------------------------------------------
Anegada 05/29/2002 (200) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/03/2002 (1200) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/03/2002 (400) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/20/2002 (600) 15.47 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/20/2002 (10200) 15.47 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/20/2002 (4000) 15.47 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/20/2002 (3700) 15.47 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/21/2002 (1300) 15.25 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/25/2002 (5100) 15.22 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/26/2002 (6700) 15.28 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/27/2002 (4800) 15.23 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/28/2002 (700) 15.39 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/28/2002 (800) 15.39 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/28/2002 (2400) 15.39 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/28/2002 (200) 15.39 Open market
----------------------------------------------------------------------------------------------------------
Anegada 06/28/2002 (700) 15.39 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/01/2002 (900) 15.32 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/01/2002 (500) 15.32 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/01/2002 (5400) 15.32 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/02/2002 (300) 15.22 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/02/2002 (400) 15.22 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/02/2002 (200) 15.22 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/02/2002 (100) 15.22 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/02/2002 (800) 15.22 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/10/2002 (5900) 15.42 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/11/2002 (1100) 14.86 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/12/2002 (1600) 14.61 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/15/2002 (4800) 14.06 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/16/2002 (5300) 14.29 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/16/2002 (1500) 14.29 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/17/2002 (300) 13.90 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/17/2002 (3400) 13.90 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/17/2002 (1100) 13.90 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/18/2002 (200) 13.69 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/18/2002 (500) 13.69 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/18/2002 (400) 13.69 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/18/2002 (400) 13.69 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (8600) 13.42 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (4500) 13.42 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (5700) 13.42 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (700) 13.41 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (200) 13.41 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (1800) 13.42 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (700) 13.42 Open market
----------------------------------------------------------------------------------------------------------
Anegada 07/19/2002 (1100) 13.42 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 05/29/2002 (100) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/03/2002 (600) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/04/2002 (100) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/04/2002 (9100) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/04/2002 (14000) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/04/2002 (2500) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Page 13 of 15
----------------------------------------------------------------------------------------------------------
Party Date Amount Bought Price per Share Where & How
(Sold) Effected
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/05/2002 (2700) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/05/2002 (1700) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/05/2002 (2500) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06105/2002 (1600) 13.97 Open market
----------------------------------------------------------------------------------------------------------
Cuttyhunk 06/20/2002 (600) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 05/29/2002 (100) 13.97 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/03/2002 (500) 13.97 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/03/2002 (1000) 13.97 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (1500) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (400) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (400) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (700) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (2400) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (1100) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (10800) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/20/2002 (300) 15.47 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/21/2002 (1200) 15.25 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/25/2002 (2700) 15.22 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/25/2002 (2000) 15.22 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/26/2002 (6200) 15.28 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/27/2002 (4400) 15.23 Open market
----------------------------------------------------------------------------------------------------------
GSC 06/28/2002 (4400) 15.39 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/01/2002 (6300) 15.32 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/02/2002 (400) 15.22 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/02/2002 (900) 15.22 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/02/2002 (300) 15.22 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/10/2002 (2200) 15.42 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/10/2002 (300) 15.42 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/10/2002 (1700) 15.42 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/10/2002 (600) 15.42 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/10/2002 (700) 15.42 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/11/2002 (1000) 14.86 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/12/2002 (1500) 14.61 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/15/2002 (2800) 14.06 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/15/2002 (400) 14.06 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/15/2002 (300) 14.06 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/15/2002 (100) 14.06 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/15/2002 (800) 14.06 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/16/2002 (6300) 14.29 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/17/2002 (4400) 13.90 Open market
----------------------------------------------------------------------------------------------------------
GSC 07/18/2002 (1400) 13.69 Open market
----------------------------------------------------------------------------------------------------------
(d) Not Applicable
(e) As of June 5, 2002, the Adviser, as investment adviser to
Cuttyhunk, Anegada, Tonga, GSC and Pleiades, was no longer a beneficial
owner of more than 5% of the Common Stock. As of July 19, 2002, all
holdings in Common Stock had been sold.
Item 6 Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Page 14 of 15
J. Carlo Cannell controls and manages the Adviser who makes voting and
dispositive decisions for the Cuttyhunk, Anegada, GSC, Tonga, and
Pleiades.
Item 7 Material to Be Filed as Exhibits
None
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: August 5, 2002
J. Carlo Cannell
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell
Cannell Capital, LLC
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell, Managing Member
The Anegada Fund, Limited
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell, Managing Member
Cannell Capital, LLC, Investment Adviser
The Cuttyhunk Fund Limited
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell, Managing Member
Cannell Capital, LLC, Investment Adviser
GS Cannell, LLC
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell, Managing Member
Cannell Capital, LLC, Investment Adviser
Page 15 of 15
Tonga Partners, L.P.
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell, Managing Member
Cannell Capital, LLC, General Partner
Pleiades Investment Partners, LP
/s/ Carlo Cannell
---------------------------------
J. Carlo Cannell, Managing Member
Cannell Capital, LLC, Investment Adviser