<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. __)(1)
CIDCO Incorporated
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(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
1717681043
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(CUSIP Number)
David S. Richter
Waveland Capital Management, L.P.
227 West Monroe Street
Suite 4800
Chicago, Illinois 60606
(312) 739-2138
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 7, 2000
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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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for
other parties to whom copies are to be sent.
---------------------
(1) 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.
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 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.: 171768104 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Waveland Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_)
(b) (_)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) (_)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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7 SOLE VOTING POWER
-----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 1,050,000
BENEFICIALLY -----------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH -----------------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
1,050,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,050,000 Shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (_)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14 TYPE OF REPORTING PERSON
PN
Page 2 of 13 Pages
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CUSIP NO.: 171768104 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Waveland Capital Management, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_)
(b) (_)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) (_)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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7 SOLE VOTING POWER
-----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 1,050,000
BENEFICIALLY -----------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH -----------------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
1,050,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,050,000 Shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (_)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14 TYPE OF REPORTING PERSON
PN
Page 3 of 13 Pages
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CUSIP NO.: 171768104 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Clincher Capital Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_)
(b) (_)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) (_)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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7 SOLE VOTING POWER
-----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 1,050,000
BENEFICIALLY -----------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH -----------------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
1,050,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,050,000 Shares
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (_)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14 TYPE OF REPORTING PERSON
CO
Page 4 of 13 Pages
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CUSIP NO.: 171768104 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Waveland Capital Management, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_)
(b) (_)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) (_)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
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7 SOLE VOTING POWER
-----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 1,050,000
BENEFICIALLY -----------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH -----------------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
1,050,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,050,000 Shares
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (_)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14 TYPE OF REPORTING PERSON
OO
Page 5 of 13 Pages
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CUSIP NO.: 171768104 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Waveland Partners, Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_)
(b) (_)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) (_)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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7 SOLE VOTING POWER
-----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 1,050,000
BENEFICIALLY -----------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH -----------------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
1,050,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,050,000 Shares
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (_)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14 TYPE OF REPORTING PERSON
OO
Page 6 of 13 Pages
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CUSIP NO.: 171768104 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Waveland International, Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (_)
(b) (_)
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) (_)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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7 SOLE VOTING POWER
-----------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 1,050,000
BENEFICIALLY -----------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH -----------------------------------------------------------
REPORTING PERSON 10 SHARED DISPOSITIVE POWER
1,050,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,050,000 Shares
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (_)
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
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14 TYPE OF REPORTING PERSON
OO
Page 7 of 13 Pages
<PAGE>
ITEM 1. SECURITY AND ISSUER.
The class of equity securities to which this statement relates is the
common stock, $.01 par value ("Common Stock"), of CIDCO Incorporated, a
Delaware corporation (the "Issuer") with its principal executive office
located at 220 Cochrane Circle, Morgan Hill, California 95037.
ITEM 2. IDENTITY AND BACKGROUND.
This statement is being filed by Waveland International, Ltd., a Cayman
Islands exempted company ("Waveland International"), Waveland Partners L.P.,
an Illinois limited partnership ("Waveland"), Waveland Capital Management,
L.P., an Illinois limited partnership ("Waveland Capital"), Clincher Capital
Corporation, an Illinois Corporation ("Clincher"), Waveland Capital
Management, LLC, an Illinois limited liability company ("Waveland LLC") and
Waveland Partners, Ltd., a Cayman Islands exempted company ("Partners Ltd."
and together with Waveland International, Waveland, Waveland Capital,
Clincher and Waveland LLC, the "reporting persons").
The reporting persons have their principal offices at 227 W. Monroe
Street, Suite 4800, Chicago, Illinois 60606. Clincher's principal business
is as the general partner of Waveland Capital. Waveland Capital's principal
business is as the general partner of Waveland. Waveland's principal
business is as the majority-owner of Waveland International. Waveland LLC's
principal business is as the investment advisor of Partners Ltd. Partners
Ltd.'s principal business is as the minority-owner of Waveland International.
Waveland International's principal business is investments in marketable
securities.
(a) -- (c) The names, principal occupation or employment and the name,
and, except where such information is provided elsewhere herein, the
principal business and address of any organization in which such employment
is conducted of each officer and director of Clincher is set forth below.
Unless otherwise indicated below, each of the following persons is a United
States citizen and the business address of each of the following persons is
c/o Clincher Capital Corporation, 227 W. Monroe Street, Suite 4800, Chicago,
Illinois 60606.
<TABLE>
<CAPTION>
Name Principal Occupation or Employment
---- -----------------------------------
<S> <C>
David S. Richter Director, President, Secretary and
Treasurer, Clincher Capital Corporation,
the general partner of Waveland Capital
Management, L.P., the general partner of
Waveland Capital Management, LLC;
Director, Waveland Partners, Ltd.,
Director Waveland International, Ltd.
Stephen J. Malkin Director and Chairman of the Board,
Clincher Capital Corporation, the general
partner of Waveland Capital
</TABLE>
Page 8 of 13 Pages
<PAGE>
<TABLE>
<S> <C>
Management, L.P. the general partner of
Waveland Partners, L.P.; Manager,
Waveland Capital Management, LLC.
Michael J. Sacks Director and Chief Executive Officer,
Clincher Capital Corporation, the general
partner of Waveland Capital Management,
L.P. the general partner of Waveland
Partners, L.P.; Manager, Waveland Capital
Management, LLC.
Paul A. Meister Vice President and Assistant Secretary,
Clincher Capital Corporation, the general
partner of Waveland Capital Management,
L.P., the general partner of Waveland
Partners, L.P.; Manager, Waveland Capital
Management, LLC; Director, Waveland
Partners, Ltd.; Director, Waveland
International, Ltd.
Julie Tostevin Director, Waveland Partners, Ltd.;
Director, Waveland International, Ltd.
</TABLE>
(d) During the last five years, none of the persons identified in this
Item 2 has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) During the last five years, none of the persons identified in this
Item 2 has been a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future violations or,
or prohibiting or mandating activities subject to Federal or State securities
laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The working capital of Waveland International is the source of funds used
in making purchases of Common Stock.
ITEM 4. PURPOSE OF TRANSACTION.
The acquisition of the Common Stock reported herein is for investment
purposes. The reporting persons believe that the current trading prices of
the Common Stock do not accurately reflect the value of the assets of the
Issuer. The reporting persons intend to influence the Issuer's management
to ensure that shareholders receive the full value of the assets of the
Issuer. Such influence may include proposals for a sale or liquidation of
some or all of the Issuer's business or assets, a strategic alliance, a
management-led going-private transaction, a distribution to shareholders, a
stock repurchase
Page 9 of 13 Pages
<PAGE>
instituted by the Issuer or other similar transaction directed at unlocking
for shareholders the full value of their investment in the Issuer.
The reporting persons are delivering the letter to the Issuer attached
hereto as Exhibit 99.2. The text of such letter is incorporated herein by
this reference.
The reporting persons intend to continuously evaluate the Issuer's
business, financial condition, operating results, capital structure,
management, stock market performance, competitive outlook and other relevant
factors. As part of such evaluations, the reporting persons may seek the
views of, hold discussions with and respond to inquiries from representatives
of the Issuer and other persons regarding the Issuer's affairs. Depending on
such evaluations, the reporting persons may, at any time and from time to
time, purchase additional shares of Common Stock or may dispose of any and
all shares of Common Stock held by them. In the interest of maximizing
shareholder value, the reporting persons may from time to time develop plans
respecting, or propose changes in, the management, policies, operations,
capital structure or business of the Issuer. Such plans or proposals may
include or relate to one or more of the transactions specified in
subparagraphs (a) through (j) of Item 4 of Schedule 13D, including, without
limitation, disposition, liquidation, changes in the Issuer's capitalization
or changes in the Issuer's dividend policies.
Except as set forth above, the reporting persons have no current plan or
proposal which relates to, or would result in, any of the actions enumerated
in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Waveland International has acquired 1,050,000 shares of Common Stock
representing approximately 7.3% of the shares of Common Stock outstanding as
of November 6, 2000 (as reported in the Issuer's Quarterly Report on Form
10-Q for the quarter ended September 30, 2000).
(b) Each of the reporting persons may be deemed to share beneficial
ownership of the Common Stock acquired by Waveland International.
(c) In the past 60 days, Waveland effected the following open market
purchases of Common Stock:
Page 10 of 13 Pages
<PAGE>
<TABLE>
<CAPTION>
Number of
Shares of
Common Average
Stock Price
Date Acquired Per Share
---------- -------- ---------
<S> <C> <C>
12/07/2000 250,000 $1.1788
12/13/2000 30,000 $1.2900
12/14/2000 25,000 $1.2900
12/15/2000 25,000 $1.3600
-------------------------------------
</TABLE>
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
<TABLE>
<CAPTION>
Exhibit
Number Description
------- -----------
<S> <C>
99.1 Joint Filing Agreement
99.2 Letter to Chief Executive Officer
</TABLE>
Page 11 of 13 Pages
<PAGE>
SIGNATURE
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.
Dated: December 18, 2000
WAVELAND PARTNERS, L.P.
By: Waveland Capital Management, L.P.
Its: General Partner
By: Clincher Capital Corporation
Its: General Partner
By: /s/ David S. Richter
-----------------------------
David S. Richter, President
WAVELAND CAPITAL MANAGEMENT, L.P.
By: Clincher Capital Corporation
Its: General Partner
By: /s/ David S. Richter
-----------------------------
David S. Richter, President
CLINCHER CAPITAL CORPORATION
By: /s/ David S. Richter
----------------------------------
David S. Richter, President
WAVELAND CAPITAL MANAGEMENT, LLC
By: /s/ David S. Richter
----------------------------------
David S. Richter, Manager
WAVELAND PARTNERS, LTD.
By: /s/ David S. Richter
----------------------------------
David S. Richter, Director
Page 12 of 13 Pages
<PAGE>
WAVELAND INTERNATIONAL, LTD.
By: /s/ David S. Richter
----------------------------------
David S. Richter, Director
Page 13 of 13 Pages
