Strategic Perspective

5/8/2002


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Table of Contents

Strategic Perspective

Capital Markets Sow the Seed and Reap the Fruit

Dramatic Growth in New Companies and Market Cap Technology Companies and Market Cap by Size Now vs. 1990

Moore’s Law of Nasdaq Ran Out of Gas in Y2K

Number of Private Investments by Round: 1998-2001

Private Companies Requiring Series N+1 Funding

Technology M&A and IPO Activity 2000 - 2001

Overall Raza Portfolio Results

NASDAQ Recovery

PPT Slide

Bandwidth Drivers

Restoring Health to The Terabit Food Chain

Capital Spending Drivers for Technology Recovery

Information and Networking Infrastructure

Modern Data Center

PPT Slide

Focus*(Innovation + Rapid Execution) = Success

Economic Value will be Delivered

PPT Slide

Summary Conclusions

Author: Nancy A. Snow