Jefferies Financial Group Inc. — Director's Dealing 2008

Dec 5, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AVISTAR COMMUNICATIONS CORP (AVSR)
CIK: 0001111632
Period of Report: 2008-11-05

Reporting Person: LEUCADIA NATIONAL CORP (10% Owner)
Reporting Person: Baldwin Enterprises, Inc. (10% Owner)
Reporting Person: PHLCORP INC (10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
4.5% Convertible Subordinated Secured Notes due 2010	$.70	2010-01-04	Common Stock (5714285)		Indirect

Footnotes

F1: Directly owned by Baldwin Enterprises, Inc. ("Baldwin"). Indirectly owned by Phlcorp, Inc. ("Phlcorp") and Leucadia National
Corporation ("Leucadia"). Baldwin is a wholly-owned subsidiary of Phlcorp, and Phlcorp is a wholly-owned subsidiary of
Leucadia. See Exhibit 99.1.