-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PJwQgWudvxLF/rUDfRxiKQnZFIKAn4OxM12H70iWxqwkr6WAvoC7qnrGkXO4p0KV K2f+xUepoKpqkacP+HrrRA== 0001058854-02-000105.txt : 20020414 0001058854-02-000105.hdr.sgml : 20020414 ACCESSION NUMBER: 0001058854-02-000105 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020227 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUALITY SYSTEMS INC CENTRAL INDEX KEY: 0000708818 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 952888568 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33913 FILM NUMBER: 02560542 BUSINESS ADDRESS: STREET 1: 17822 E 17TH ST STE 210 CITY: TUSTIN STATE: CA ZIP: 92780 BUSINESS PHONE: 7147317171 MAIL ADDRESS: STREET 1: 178222 E 17TH STREET STREET 2: SUITE 210 CITY: TUSTIN STATE: CA ZIP: 92780 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANNELL CAPITAL LLC CENTRAL INDEX KEY: 0001058854 IRS NUMBER: 943366999 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 150 CALIFORNIA STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4158358300 MAIL ADDRESS: STREET 1: 150 CALIFORNIA STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FORMER COMPANY: FORMER CONFORMED NAME: CANNELL J CARLO DBA CANNELL CAPITAL MGMT DATE OF NAME CHANGE: 19980330 SC 13D/A 1 quality13damended02-02.txt SEC 1746 (2-98) SF/209418.2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. __)* Quality Systems Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class Securities) 747582104 ------------------------------------ (CUSIP Number) Kenneth D. Heller Cannell Capital, LLC, 150 California Street, 5th Floor, San Francisco, CA 94111 (415) 395-3330 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications February 4, 2002 - -------------------------------------------------------------------------------- (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 ss.ss.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. Seess.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. SF/209418.2 CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Cannell Capital, LLC 94-3366999 - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) OO......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization California........... ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0.......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 474,900................. ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0 .................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 474,900............. -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 474,900 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 7.9% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- IA.............................................................. - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ SF/209418.2 CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J. Carlo Cannell - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) OO......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization USA.................. ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0 .......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 474,900................. ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0 .................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 474,900............. -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 474,900 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 7.9% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- IN/HC........................................................... - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ SF/209418.2 CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). The Cuttyhunk Fund Limited - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) WC......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization Bermuda.............. ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0 .......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 164,800................. ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0 .................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 164,800............. -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 164,800 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 2.7% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- CO.............................................................. - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ SF/209418.2 CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). The Anegada Fund Limited - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) WC......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization Cayman Islands....... ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0 ......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 44,500.................. ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0 .................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 44,500.............. -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 44,500 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 0.7% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- CO.............................................................. - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ SF/209418.2 CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). GS Cannell, LLC 98-0232642 - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) WC......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization Delaware............. ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 57,400.................... ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0 .................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 57,400................... -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 57,400 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 1.0% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- OO.............................................................. - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ SF/209418.2 CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Tonga Partners, L.P. 94-3164039 - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) WC......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization Delaware............. ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0 ......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 187,000................. ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0.................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 187,000............. -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 187,000 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 3.1% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN.............................................................. - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ CUSIP No. 747582104 1.Name of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Pleiades Investment Partners, LP 23-2688812 - -------------------------------------------------------------------------------- 2.Check the Appropriate Box if a Member of a Group (See Instructions) (a) ......................................................... ---------------------------------------------------------- (b) ......................................................... ---------------------------------------------------------- - -------------------------------------------------------------------------------- 3.SEC Use Only.................................................. --------------------------------------------------- - -------------------------------------------------------------------------------- 4.Source of Funds (See Instructions) WC......................... ---------------------------- - -------------------------------------------------------------------------------- 5.Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)................................................. -------------------------------------------------- - -------------------------------------------------------------------------------- 6.Citizenship or Place of Organization Delaware............. ------------------------- - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power 0 ......................... -------------------------------- Shares Beneficially Owned by Each Reporting Person With: ----------------------------------------------------------- - ---------------------------------------------------------------------- 8. Shared Voting Power 21,200.................. ------------------------------ ----------------------------------------------------------- - ---------------------------------------------------------------------- 9. Sole Dispositive Power 0.................... --------------------------- ----------------------------------------------------------- - ---------------------------------------------------------------------- 10. Shared Dispositive Power 21,200.............. -------------------------- ----------------------------------------------------------- - -------------------------------------------------------------------------------- 11.Aggregate Amount Beneficially Owned by Each Reporting Person 21,200 ------------ 12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ................................................. ----------------------------------------------------- 13....Percent of Class Represented by Amount in Row (11) 0.4% -------- - -------------------------------------------------------------------------------- 14...................Type of Reporting Person (See Instructions) - -------------------------------------------------------------------------------- PN.............................................................. - -------------------------------------------------------------------- ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ ................................................................ SF/209418.2 Item 1 Security and Issuer This statement relates to Common Stock ("Common Stock"), issued by Quality Systems Inc.. The address of the principal executive offices of Quality Systems Inc.17822 E 17th STE 210, Tustin CA 92780 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 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. Item 3 Source and amount of Funds or other Consideration The aggregate amount of funds used by Cuttyhunk to purchase 164,800 shares of Common Stock owned by it was approximately $1,547,287. Such amount was derived from working capital. The aggregate amount of funds used by Anegada to purchase 44,500 shares of Common Stock owned by it was approximately $436,322. Such amount was derived from working capital. The aggregate amount of funds used by GSC to purchase 57,400 shares of Common Stock owned by it was approximately $512,599. Such amount was derived from working capital. The aggregate amount of funds used by Tonga to purchase 187,000 shares of Common Stock owned by it was approximately $1,718,934. Such amount was derived from working capital. The aggregate amount of funds used by Pleiades to purchase 21,200 shares of Common Stock owned by it was approximately $191,268. Such amount was derived from working capital. Item 4 Purpose of Transaction The Common Stock was originally purchased by the Reporting Persons for passive investment purposes. While the Adviser is pleased with QSI's strong operating results, the Adviser believes that QSI could better utilize its robust cash position in a manner other than investing in low interest bearing instruments. Despite the authorization by QSI's Board of Directors of a discretionary common share repurchase of up to 5% of the common stock outstanding, announced October 26, 2001, the Adviser continues to believe that QSI should utilize its excess cash to initiate a "Dutch Auction" tender, which is a method that the Adviser believes is more likely to lead to the repurchase of common stock in the open market. The Adviser intends to closely monitor developments relating to and affecting QSI. Subject to availability at prices deemed favorable, the Reporting Persons may acquire additional 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) As of February 4, 2002, the Reporting Persons directly or indirectly beneficially owned 474,900 shares, or 7.9%, of Common Stock of Quality Systems Inc. (the approximate of the shares of Common Stock owned is based on 6,041,000 shares of common stock outstanding by Cascade Corporation on December 31, 2001). (1) Cuttyhunk owned 164,800 shares (2.7%) (2) Anegada owned 44,500 shares (0.7%) (3) GSC owned 57,400 shares (1.0%) (4) Tonga owned 187,000 shares (3.1%) (5) Pleiades owned 21,200 shares (0.4%) (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. - ----------------------------------------------------------- Amount Price Bought/ Per Where & How Party Date (Sold) Share Effected - ----------------------------------------------------------- Anegada 12/3/2001 (800) 15.000 Open Market Anegada 12/3/2001 (100) 15.000 Open Market Anegada 12/5/2001 (1,400) 15.009 Open Market Anegada 12/6/2001 (100) 15.030 Open Market Anegada 12/6/2001 (800) 15.030 Open Market Anegada 12/6/2001 (200) 15.030 Open Market Anegada 12/6/2001 (2,700) 15.029 Open Market Anegada 1/8/2002 (100) 16.186 Open Market Anegada 1/9/2002 (200) 16.186 Open Market Anegada 1/9/2002 (300) 16.186 Open Market Anegada 1/10/2002 (200) 16.386 Open Market Anegada 1/10/2002 (200) 16.386 Open Market Anegada 1/24/2002 (2,400) 16.634 Open Market Anegada 1/25/2002 (100) 17.236 Open Market Anegada 1/28/2002 (700) 17.442 Open Market Anegada 1/28/2002 (1,000) 17.442 Open Market Anegada 1/29/2002 (100) 17.506 Open Market Anegada 2/4/2002 (100) 16.986 Open Market Cuttyhunk 12/3/2001 (1,500) 15.000 Open Market Cuttyhunk 12/3/2001 (500) 15.000 Open Market Cuttyhunk 12/5/2001 (500) 15.010 Open Market Cuttyhunk 12/5/2001 (2,500) 15.009 Open Market Cuttyhunk 12/6/2001 (2,500) 15.030 Open Market Cuttyhunk 12/6/2001 (3,500) 15.029 Open Market Cuttyhunk 12/6/2001 (2,400) 15.030 Open Market Cuttyhunk 1/8/2002 (400) 16.186 Open Market Cuttyhunk 1/9/2002 (2,000) 16.186 Open Market Cuttyhunk 1/10/2002 (200) 16.386 Open Market Cuttyhunk 1/10/2002 (1,300) 16.386 Open Market Cuttyhunk 1/24/2002 (1,200) 16.634 Open Market Cuttyhunk 1/24/2002 (3,000) 16.634 Open Market Cuttyhunk 1/24/2002 (4,700) 16.634 Open Market Cuttyhunk 1/25/2002 (400) 17.236 Open Market Cuttyhunk 1/28/2002 (900) 17.442 Open Market Cuttyhunk 1/28/2002 (2,500) 17.442 Open Market Cuttyhunk 1/28/2002 (3,000) 17.442 Open Market Cuttyhunk 1/28/2002 (100) 17.442 Open Market Cuttyhunk 1/29/2002 (200) 17.506 Open Market Cuttyhunk 2/4/2002 (300) 16.986 Open Market GS Cannell 12/3/2001 (700) 15.000 Open Market GS Cannell 12/5/2001 (900) 15.009 Open Market GS Cannell 12/5/2001 (300) 15.010 Open Market GS Cannell 12/6/2001 (1,600) 15.030 Open Market GS Cannell 12/6/2001 (600) 15.030 Open Market GS Cannell 12/6/2001 (900) 15.029 Open Market GS Cannell 12/6/2001 (200) 15.030 Open Market GS Cannell 1/8/2002 (100) 16.186 Open Market GS Cannell 1/9/2002 (200) 16.186 Open Market GS Cannell 1/9/2002 (500) 16.186 Open Market GS Cannell 1/10/2002 (500) 16.386 Open Market GS Cannell 1/24/2002 (200) 16.634 Open Market GS Cannell 1/24/2002 (1,400) 16.634 Open Market GS Cannell 1/24/2002 (700) 16.634 Open Market GS Cannell 1/24/2002 (800) 16.634 Open Market GS Cannell 1/25/2002 (100) 17.236 Open Market GS Cannell 1/28/2002 (1,200) 17.442 Open Market GS Cannell 1/28/2002 (1,100) 17.442 Open Market GS Cannell 1/29/2002 (100) 17.506 Open Market GS Cannell 2/4/2002 (100) 16.986 Open Market Pleiades 12/3/2001 (300) 15.000 Open Market Pleiades 12/5/2001 (400) 15.009 Open Market Pleiades 12/6/2001 (1,200) 15.029 Open Market Pleiades 1/9/2002 (200) 16.186 Open Market Pleiades 1/10/2002 (200) 16.386 Open Market Pleiades 1/24/2002 (1,100) 16.634 Open Market Pleiades 1/28/2002 (200) 17.442 Open Market Pleiades 1/28/2002 (500) 17.442 Open Market Pleiades 1/28/2002 (100) 17.442 Open Market Sarlo 12/6/2001 (100) 15.029 Open Market Tonga 12/3/2001 (1,800) 15.000 Open Market Tonga 12/3/2001 (800) 15.000 Open Market Tonga 12/5/2001 (4,000) 15.009 Open Market Tonga 12/6/2001 (2,700) 15.030 Open Market Tonga 12/6/2001 (5,000) 15.029 Open Market Tonga 12/6/2001 (3,500) 15.029 Open Market Tonga 1/8/2002 (400) 16.186 Open Market Tonga 1/9/2002 (1,100) 16.186 Open Market Tonga 1/9/2002 (1,100) 16.186 Open Market Tonga 1/10/2002 (1,600) 16.386 Open Market Tonga 1/24/2002 (2,300) 16.634 Open Market Tonga 1/24/2002 (4,000) 16.634 Open Market Tonga 1/24/2002 (3,700) 16.634 Open Market Tonga 1/25/2002 (400) 17.236 Open Market Tonga 1/28/2002 (3,900) 17.442 Open Market Tonga 1/28/2002 (3,400) 17.442 Open Market Tonga 1/29/2002 (300) 17.506 Open Market Tonga 2/4/2002 (300) 16.986 Open Market (d) Not Applicable (e) Not Applicable Item 6 Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer J. Carlo Cannell controls and manages the Adviser who makes voting and dispositive decisions for Cuttyhunk, Anegada, GSC, Tonga, and Pleiades. Item 7 Material to Be Filed as Exhibits N/A 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: February 4, 2002 J. Carlo Cannell /s/ J. Carlo Cannell ------------------------------ J. Carlo Cannell Cannell Capital, LLC /s/ J. Carlo Cannell ------------------------------ J. Carlo Cannell, Managing Member The Anegada Fund, Limited /s/ J. Carlo Cannell ------------------------------ J. Carlo Cannell, Managing Member Cannell Capital, LLC, Investment Adviser The Cuttyhunk Fund Limited /s/ J. Carlo Cannell ------------------------------ J. Carlo Cannell, Managing Member Cannell Capital, LLC, Investment Adviser GS Cannell, LLC /s/ J. Carlo Cannell ------------------------------ J. Carlo Cannell, Managing Member Cannell Capital, LLC, Investment Adviser Tonga Partners, L.P. /s/ J. Carlo Cannell ------------------------------ J. Carlo Cannell, Managing Member Cannell Capital, LLC, General Partner Pleiades Investment Partners, LP /s/ J. Carlo Cannell ------------------------------- J. Carlo Cannell, Managing Member Cannell Capital, LLC, Investment Adviser -----END PRIVACY-ENHANCED MESSAGE-----