<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
INFONOW CORPORATION
- --------------------------------------------------------------------------------
Name of Issuer
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
456664309
- --------------------------------------------------------------------------------
CUSIP Number
ROBERT C. GREENWOOD ROBERTSON, STEPHENS & COMPANY
555 CALIFORNIA STREET, SUITE 2600, SAN FRANCISCO, CA 94104
(415) 781-9700
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications
NOVEMBER 20, 1996
- --------------------------------------------------------------------------------
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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class).
(See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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
disclosures provided in a prior cover page.
<PAGE>
The information required on 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).
<PAGE>
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Robertson Stephens Global Low-Priced Stock Fund
Tax I.D. 94-6688564
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 321,429
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
321,429
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
321,429
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
5.4%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE,
RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION
<PAGE>
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Robertson Stephens Orphan Fund
Tax I.D. 94-3108651
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 535,715
BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
535,715
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
535,715
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
9.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE,
RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION
<PAGE>
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robertston Stephens Diversified Growth Fund
Tax I.D. 94-3248659
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 428,573
BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
428,573
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
428,573
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
7.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bayview Investors, LTD.
Tax I.D. 94-3108651
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
535,715 (includes shares held of record by The
OWNED Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners. See
Item 5.)
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
535,715
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
535,715
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
9.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Robertson Stephens Orphan Offshore Fund
Tax I.D.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 107,144
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
107,144
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
107,144
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
1.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE,
RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION
<PAGE>
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robertson, Stephens & Company Investment Management L.P.
Tax I.D. 94-3181687
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (Working Capital of Purchasing Funds) See Item 2.
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,392,860 includes shares held of record by The
Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners.
Includes shares held of record by The Robertson
Stephens Orphan Offshore Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is the
General Partner. Includes shares held of record by
The Robertson Stephens Diversified Growth Fund of
which Robertson, Stephens & Co. Investment
Management, L.P. is investment adviser. Includes
shares held of record by The Robertson Stephens
Global Low-Priced Stock Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is
investment adviser. See Item 5.)
BY EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309 PAGE 9 OF 25
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robertson, Stephens & Company, Incorporated
Tax I.D. 94-3172874 See Exhibit A for a list of Executive Officers
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (Working Capital of Purchasing Funds) See Item 2.
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------------------------------------------
BENEFICIALLY 8
OWNED
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH ------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309 PAGE 10 OF 25
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 453222101
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul Stephens
Tax I.D. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC & PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,392,860 includes shares held of record by The
Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners.
Includes shares held of record by The Robertson
Stephens Orphan Offshore Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is the
General Partner. Includes shares held of record by
The Robertson Stephens Diversified Growth Fund of
which Robertson, Stephens & Co. Investment
Management, L.P. is investment adviser. Includes
shares held of record by The Robertson Stephens
Global Low-Priced Stock Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is
investment adviser. See Item 5.)
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309 PAGE 11 of 25
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sanford Robertson
Tax I.D. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (Working Capital of Purchasing Funds) See Item 2.
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,392,860 includes shares held of record by The
Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners.
Includes shares held of record by The Robertson
Stephens Orphan Offshore Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is the
General Partner. Includes shares held of record by
The Robertson Stephens Diversified Growth Fund of
which Robertson, Stephens & Co. Investment
Management, L.P. is investment adviser. Includes
shares held of record by The Robertson Stephens
Global Low-Priced Stock Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is
investment adviser. See Item 5.)
- --------------------------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
<PAGE>
CUSIP NO. 456664309 PAGE 12 of 25
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 456664309
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael G. McCaffery
Tax I.D. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (Working Capital of Purchasing Funds) See Item 2.
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,392,860 includes shares held of record by The
Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners.
Includes shares held of record by The Robertson
Stephens Orphan Offshore Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is the
General Partner. Includes shares held of record by
The Robertson Stephens Diversified Growth Fund of
which Robertson, Stephens & Co. Investment
Management, L.P. is investment adviser. Includes
shares held of record by The Robertson Stephens
Global Low-Priced Stock Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is
investment adviser. See Item 5.)
BY EACH
REPORTING 9 SOLE DISPOSITIVE POWER
- --------------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309 PAGE 13 of 25
- --------------------------------------------------------------------------------
SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP NO. 453222101
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
G. Randy Hecht
Tax I.D. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (Working Capital of Purchasing Funds) See Item 2.
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,392,860 includes shares held of record by The
Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners.
Includes shares held of record by The Robertson
Stephens Orphan Offshore Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is the
General Partner. Includes shares held of record by
The Robertson Stephens Diversified Growth Fund of
which Robertson, Stephens & Co. Investment
Management, L.P. is investment adviser. Includes
shares held of record by The Robertson Stephens
Global Low-Priced Stock Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is
investment adviser. See Item 5.)
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309 PAGE 14 of 25
- --------------------------------------------------------------------------------
CUSIP NO. 388085102
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kenneth R. Fitzsimmons
Tax I.D. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)/ /
(b)/X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
(Working Capital of Purchasing Funds) See Item 2.
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
/ /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,392,860 includes shares held of record by The
Robertson Stephens Orphan Fund of which Robertson,
Stephens & Co. Investment Management, L.P. and
Bayview Investors, Ltd. are the General Partners.
Includes shares held of record by The Robertson
Stephens Orphan Offshore Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is the
General Partner. Includes shares held of record by
The Robertson Stephens Diversified Growth Fund of
which Robertson, Stephens & Co. Investment
Management, L.P. is investment adviser. Includes
shares held of record by The Robertson Stephens
Global Low-Priced Stock Fund of which Robertson,
Stephens & Co. Investment Management, L.P. is
investment adviser. See Item 5.)
------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,392,860
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,860
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
/ /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENT BY AMOUNT IN ROW (11)
23.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 456664309 PAGE 15 of 25
ITEM 1. SECURITY AND ISSUER.
This Schedule 13D is filed with respect to the Common Stock of InfoNow
Corporation (The "Company").
ITEM 2: IDENTITY AND BACKGROUND.
The Schedule 13D is filed on behalf of The Robertson Stephens Orphan
Fund, Robertson, Stephens & Company Investment Management, L.P. ("RS&Co.,L.P."),
Bayview Investors, Ltd. ("Bayview"), The Robertson Stephens Global Low-Priced
Stock Fund, The Robertson Stephens Orphan Offshore Fund, The Robertson Stephens
Diversified Growth Fund, Robertson, Stephens & Company, Inc. ("RS&Co., Inc."),
and RS&Co., Inc.'s five shareholders, Messrs. Sanford R. Robertson, Paul H.
Stephens, Michael G. McCaffery, G. Randy Hecht, and Kenneth R. Fitzsimmons. The
purchase of the Company's shares giving rise to this 13D was made by four
investment funds, The Robertson Stephens Orphan Fund and The Robertson Stephens
Global Low-Priced Stock Fund, The Robertson Stephens Orphan Offshore Fund and
the Robertson Stephens Diversified Growth Fund.
This Schedule 13D relates to the direct beneficial ownership in the
shares of the Company by the Funds, and the indirect beneficial ownership of
RS&Co., L.P., Bayview, and RS&Co., Inc. in the shares of the Company held by the
Funds. Messrs. Robertson, Stephens, McCaffery, Hecht and Fitzsimmons disclaim
any beneficial ownership with respect to shares of the Company that RS&Co., Inc.
may be deemed to be beneficially own, are included in this Schedule 13D for
protective disclosure purposes only, and shall not be deemed by their inclusion
in this Schedule 13D to have made any admission that any such person has any
beneficial interest in such shares.
Set forth below is the following information with respect to the
persons signing this Schedule 13D: name; place of organization; address of
principal business and office; principal business; information concerning
criminal convictions during the past five years; and information concerning
civil or administrative proceedings during the past five years with respect to
any state or federal securities laws.
I. (a) The Robertson Stephens Global Low-Priced Stock Fund, A
Massachusetts Business Trust. The Registered Investment Manager of
The Robertson Stephens Global Low-Priced Stock Fund is: Robertson,
Stephens & Co. Investment Management, L.P. The General Partner of
Robertson, Stephens & Co. Investment Management, L.P. is Robertson,
Stephens & Company, Incorporated.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Business Trust, Registered Investment Company.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
<PAGE>
CUSIP NO. 456664309 PAGE 16 of 25
II. (a) The Robertson Stephens Orphan Fund, L.P., is a California limited
partnership. Robertson Stephens & Co. Investment Management L.P.
and Bayview Investors LTD. are the General Partners.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Limited Partnership
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
III. (a) The Robertson Stephens Orphan Offshore Fund is a Cayman Islands
limited partnership. Robertson, Stephens & Co Investment Management
L.P. is the General Partner.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Limited Partnership
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
IV. (a) The Robertson Stephens Diversified Growth Fund, A Massachusetts
Business Trust. The Registered Investment Manager of The Robertson
Stephens Diversified Growth Fund is: Robertson, Stephens & Co.
Investment Management, L.P. The General Partner of Robertson,
Stephens & Co. Investment Management, L.P. is Robertson, Stephens &
Company, Incorporated.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Limited Partnership
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
V. (a) Bayview Investors LTD., is a California limited partnership.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Limited Partnership
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
<PAGE>
CUSIP NO. 456664309 PAGE 17 of 25
VI. (a) Robertson, Stephens & Company, Incorporated, is a California
Corporation. Robertson, Stephens & Company, Incorporated is the
General Partner of Robertson, Stephens & Company Investment
Management, L.P.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Corporation, Investment Banking.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
VII. (a) Paul H. Stephens.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Paul H. Stephens is Managing Director and Chief Investment Officer,
and a shareholder, of Robertson, Stephens & Company, Incorporated.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
VIII. (a) Sanford R. Robertson.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Sanford R. Robertson is the Chairman of and a shareholder of
Robertson, Stephens & Company, Incorporated.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
IX. (a) Michael G. McCaffery.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Michael G. McCaffery is the President and Chief Executive Officer,
and a shareholder, of Robertson, Stephens & Company, Incorporated.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
<PAGE>
CUSIP NO. 456664309 PAGE 18 of 25
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Limited Partnership
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
X. (a) G. Randy Hecht.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) G. Randy Hecht is the Executive Vice President, Chief Operating
Officer, and shareholder of Robertson, Stephens & Company,
Incorporated.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
XI. (a) Kenneth R. Fitzsimmons.
(b) 555 California Street, Suite 2600
San Francisco, CA 94104
(c) Kenneth R. Fitzsimmons is the Managing Director, Director of Capital
Markets, and shareholder of Robertson, Stephens & Company,
Incorporated.
(d) No convictions in criminal proceedings.
(e) No civil or administrative proceedings.
ITEM 3: SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
The securities with respect to which this Schedule 13D is filed were
purchased by the Funds using working capital contributed by their respective
partners and shareholders.
ITEM 4: PURPOSE OF TRANSACTION:
The securities with respect to which this Schedule 13D is filed were
purchased by the Funds in the ordinary course of investment and not with the
intention nor effect of changing or influencing control of the Issuer. The
reporting persons may sell all or part or acquire additional securities of the
Issuer depending on market conditions and other economic factors.
<PAGE>
CUSIP NO. 456664309 PAGE 19 of 25
ITEM 5: INTEREST IN SECURITIES OF THE ISSUER.
(a) (b) The aggregate number and percentage of the class of
securities identified pursuant to Item 1 of this Schedule 13D that are
beneficially owned by the persons listed in Item 2 are as follows:
<TABLE>
<CAPTION>
No. of Shares
Name of Beneficially Percentage of
Beneficial Owner Owned Class(1)
-------------------------------------------------------------------------------------
<S> <C> <C>
The Robertson Stephens Global Low-Priced Stock Fund 321,429 (2) 5.4%
The Robertson Stephens Orphan Fund 535,715 (3) 9.0%
The Robertson Stephens Orphan Offshore Fund 107,144 (4) 1.8%
The Robertson Stephens Diversified Growth Fund 428,573 (5) 7.2%
Robertson Stephens & Co Investment Management L.P. 1,392,860 (6) 23.3%
Bayview Investors LTD 1,392,860 (7) 23.3%
Robertson Stephens & Co. Incorporated 1,392,860 (8) 23.3%
Paul H. Stephens 1,392,860 (9) 23.3%
Sanford R. Robertson 1,392,860 (10) 23.3%
Michael G. McCaffery 1,392,860 (11) 23.3%
G. Randy Hecht 1,392,860 (12) 23.3%
Kenneth R. Fitzsimmons 1,392,860 (13) 23.3%
</TABLE>
(1) All percentages in this table are based, pursuant to Rule 13D-1(e) of the
Securities Exchange Act of 1934, as amended, on 5,979,451 shares of Common
Stock of the Issuer outstanding as of February 12, 1996.
(2) The Robertson Stephens Global Low-Priced Stock Fund is a Registered
Investment Company. Robertson, Stephens & Co. Investment Management L.P.
is the registered investment manager for the Global Low-Price Stock Fund.
RS&Co., Inc. is the General Partner of Robertson Stephens & Co. Investment
Management L.P.
(3) The Robertson Stephens Orphan Fund is a California limited partnership.
(4) The Orphan Offshore Fund is a Cayman Islands limited partnership.
(5) The Robertson Stephens Diversified Growth Fund is a Registered Investment
Company. Robertson, Stephens & Co. Investment Management L.P. is the
registered investment manager for the Global Low-Priced Stock Fund.
RS&Co., Inc. is the General Partner of Robertson Stephens & Co. Investment
Management L.P.
(6) Robertson, Stephens & Co.Investment Management L.P., a California Limited
Partnership, as General Partner of The Robertson Stephens Orphan Fund and
the Orphan Offshore Fund, and the investment adviser to the Robertson
Stephens Global Low-Priced Stock Fund and the Robertston Stephens
Diversified Growth Fund and is deemed to have shared dispositive power over
1,392,860 shares of the Company.
<PAGE>
CUSIP NO. 456664309 PAGE 20 of 25
(7) Bayview Investors, Ltd. is a California Limited Partnership, and as General
Partner of The Robertson Stephens Orphan Fund is deemed to have shared
dispositive power over 535,715 shares of the Company.
(8) Robertson, Stephens & Company, Inc., a California Corporation, is the
General Partner of Robertson, Stephens & Company Investment Management
L.P., and as such is deemed to have shared dispositive power over 1,392,860
shares of the Company.
(9) Paul H. Stephens is the Chief Investment Officer of RS&Co., Inc. and as
such may be deemed to have shared voting power over 1,392,860 shares of the
Company held by the Funds. He is also a shareholder of Robertson, Stephens
& Company Inc.
(10) Sanford R. Robertson is Chairman and a shareholder of Robertson, Stephens &
Company Inc. and as such may be deemed to have shared voting power over
1,392,860 shares of the Company held by the Funds.
(11) Michael G. McCaffery is President and Chief Executive Officer and a
shareholder of Robertson, Stephens & Company Inc. and as such may be deemed
to have shared voting power over 1,392,860 shares of the Company held by
the Funds.
(12) G. Randy Hecht is Executive Vice President, Chief Operating Officer and a
shareholder of Robertson, Stephens & Company Inc. and as such may be deemed
to have shared voting power over 1,392,860 shares of the Company held by
the Funds.
(13) Kenneth R. Fitzsimmons is the Managing Director, Director of Capital
Markets and a shareholder of Robertson, Stephens & Company Inc. and as such
may be deemed to have shared voting power over 1,392,860 shares of the
Company held by the Funds.
<PAGE>
CUSIP NO. 456664309 PAGE 21 of 25
(c) The following is a list of transactions by the filing parties in the
last 60 days.
<TABLE>
<CAPTION>
Entity Date Shares Price Transaction
------ ---- ------ ----- -----------
<S> <C> <C> <C> <C>
Global Low 11/20/96 214,286 1.4 private placement
Priced Fund
Global Low 11/20/96 107,143 (equiv. 1.4 private placement
Priced Fund warrants)
Orphan Fund 11/20/96 357,143 1.4 private placement
Orphan Fund 11/20/96 178,572 (equiv. 1.4 private placement
shares)
Diversified 11/20/96 285,715 1.4 private placement
Growth Fund
Diversified 11/20/96 142,858 (equiv. 1.4 private placement
Growth Fund shares)
Orphan 11/20/96 71,429 1.4 private placement
Offshore Fund
Orphan 11/20/96 35,715 (equiv. 1.4 private placement
Offshore Fund shares)
private placement
private placement
</TABLE>
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Please refer to Item 5.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
The following exhibits are filed herewith:
Exhibit A - Agreement of Joint Filing
<PAGE>
CUSIP NO. 456664309 PAGE 22 of 25
ITEM 8. SIGNATURE PAGE.
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: 2/9/97
THE ROBERTSON STEPHENS ORPHAN FUND, A CALIFORNIA LIMITED
PARTNERSHIP.
By Robertson, Stephens & Company, L.P.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
BAYVIEW INVESTORS, LTD., A CALIFORNIA LIMITED PARTNERSHIP.
By Robertson, Stephens & Company, L.P.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
ROBERTSON, STEPHENS & COMPANY, L.P., A CALIFORNIA LIMITED PARTNERSHIP.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
THE ROBERTSON STEPHENS CONTRARIAN FUND, A MASSACHUSETTS
BUSINESS TRUST.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
ROBERTSON, STEPHENS & COMPANY, INCORPORATED
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
<PAGE>
CUSIP NO. 456664309 PAGE 23 of 25
Paul H. Stephens*
-----------------
Paul H. Stephens
Sanford R. Robertson*
---------------------
Sanford R. Robertson
Michael G. McCaffery*
---------------------
Michael G. McCaffery
G. Randy Hecht*
---------------
G. Randy Hecht
Kenneth R. Fitzsimmons*
-----------------------
Kenneth R. Fitzsimmons
*By: /s/ Robert C. Greenwood
-----------------------------
Robert C. Greenwood
Pursuant to Power of Attorney
Previously Filed
<PAGE>
CUSIP NO. 456664309 PAGE 24 of 25
EXHIBIT A
AGREEMENT OF JOINT FILING
The undersigned hereby agree that they are filing jointly pursuant to
Rule 13d-1(f)(1) of the Act of the Statement dated January 31, 1997 containing
the information required by Schedule 13D, for the Common Stock of Grant
Geophysical, Inc. held by The Robertson Stephens Orphan Fund, Bayview Investors,
Ltd., Robertson, Stephens & Company, Investment Management L.P., The Robertson
Stephens Global Low-Priced Stock Fund, and Robertson, Stephens & Company,
Incorporated.
Dated: January 31, 1997
THE ROBERTSON STEPHENS ORPHAN FUND, A CALIFORNIA LIMITED PARTNERSHIP.
By Robertson, Stephens & Company, L.P.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
BAYVIEW INVESTORS, LTD., A CALIFORNIA LIMITED PARTNERSHIP.
By Robertson, Stephens & Company, L.P.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
ROBERTSON, STEPHENS & COMPANY INVESTMENT MANAGEMENT, L.P., A
CALIFORNIA LIMITED PARTNERSHIP.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
THE ROBERTSON STEPHENS GLOBAL LOW-PRICED STOCK FUND, A MASSACHUSETTS
BUSINESS TRUST.
By Robertson, Stephens & Company, Incorporated
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
<PAGE>
CUSIP NO. 456664309 PAGE 25 of 25
ROBERTSON, STEPHENS & COMPANY, INCORPORATED
By: Paul H. Stephens*
-----------------
Paul H. Stephens
Managing Director and Chief Investment Officer
Paul H. Stephens*
-----------------
Paul H. Stephens
Sanford R. Robertson*
---------------------
Sanford R. Robertson
Michael G. McCaffery*
---------------------
Michael G. McCaffery
G. Randy Hecht*
---------------
G. Randy Hecht
Kenneth R. Fitzsimmons*
-----------------------
Kenneth R. Fitzsimmons
*By /s/ Robert C. Greenwood
-----------------------------
Robert C. Greenwood
Pursuant to Power of Attorney
Previously Filed
