Exhibit 99.4

PINNACLE SYSTEMS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEET

(Unaudited, in thousands)


	As of June 30, 2004
	Original			As Restated			Change
Assets

Current assets:
Cash and cash equivalents	$	59,059		$	59,059		$	—
Marketable securities		10,955			10,955			—
Accounts receivable, net		37,941			37,941			—
Inventories		45,762			45,762			—
Prepaid expenses and other current assets		8,366			8,366			—
Current assets of discontinued operations		10,429			10,429			—

Total current assets		172,512			172,512			—

Restricted cash		16,850			—			(16,850	)
Property and equipment, net		15,641			15,641			—
Goodwill		42,874			42,874			—
Other intangible assets, net		8,840			8,840			—
Other assets		7,283			7,283			—
Long-term assets of discontinued operations		39,945			56,795			16,850

	$	303,945		$	303,945		$	—

Liabilities and Shareholders’ Equity

Current liabilities:
Accounts payable	$	17,776		$	17,776		$	—
Accrued and other liabilities		55,748			41,548			(14,200	)
Deferred revenue		12,497			12,497			—
Current liabilities of discontinued operations		5,164			19,364			14,200

Total current liabilities		91,185			91,185			—

Long-term liabilities of discontinued operations		2,078			2,078			—

Total liabilities		93,263			93,263			—

Shareholders’ equity:
Common stock		375,550			375,550			—
Accumulated deficit		(169,487	)		(169,487	)		—
Accumulated other comprehensive income		4,619			4,619			—

Total shareholders’ equity		210,682			210,682			—

	$	303,945		$	303,945		$	—

PINNACLE SYSTEMS INC 8-K/A