Form 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2005 Estimated average burden hours per response...0.5 1.Name and Address of Reporting Person(s) CCM Master Fund, Ltd.* Coghill Capital Management, L.L.C.+* Coghill Clint D.+* Coghill Grant R.* Coghill Grace A.* (Last) (First) (Middle) One North Wacker Drive - Suite 4725 (Street) Chicago IL 60606 (City) (State) (Zip) 2.Date of Event Requiring Statement (Month/Day/Year) 1/17/2003 3.I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4.Issuer Name and Ticker or Trading Symbol Liberate Technologies, Common Stock (Nasdaq - LBRT) 5.Relationship of Reporting Person(s) to Issuer (Check all applicable) __Director _x_10% Owner __Officer (give title below)__Other (specify below) 6.If Amendment, Date of Original (Month/Day/Year) Not Applicable 7.Individual or Joint/Group Filing (Check Applicable Line) __Form filed by One Reporting Person _x_Form filed by More than One Reporting Person Table I - Non-Derivative Securities Beneficially Owned 1.Title of Security (Instr. 4) Common shares $.01 par value (cusip: 530129105) Common shares $.01 par value (cusip: 530129105) Common shares $.01 par value (cusip: 530129105) Common shares $.01 par value (cusip: 530129105) Common shares $.01 par value (cusip: 530129105) Total: 12,164,621* 2.Amount of Securities Beneficially Owned (Instr. 4) 12,144,521 common shares 12,144,521 common shares 12,144,521 common shares 13,600 common shares 6,500 common shares 12,164,621 common shares* 3.Ownership Form: Direct (D) or Indirect (I)(Instr. 5) D I I D D 4.Nature of Indirect Beneficial Ownership (Instr. 5) Direct ownership by CCM Master Fund, Ltd.+* Indirect ownership by Coghill Capital Management, L.L.C.+* Indirect by Clint D. Coghill+* Direct ownership by Grant R. Coghill* Direct ownership by Grace A. Coghill* Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1.Title of Derivative Security (Instr. 4) Not Applicable 2.Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable Expiration Date 3.Title and Amount of Securities Underlying Derivative Security (Instr. 4) Title Amount Or Number Of Shares 4.Conversion or Exercise Price of Derivative Security 5.Ownership Form of Derivative Securities: Direct (D) or Indirect (I) (Instr. 5) 6.Nature of Indirect Beneficial Ownership (Instr. 5) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Explanation of Responses: *The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest therein. + Principal of the investment manager or investment manager to the investment management entity in whose account the reported securities are held. _____/s/ Clint D. Coghill+*_____ _________January 17, 2003__________ Clint D. Coghill+* Date Signature of Reporting Person Coghill Capital Management, L.L.C.+* __By:/s/ Clint D. Coghill+*_____ _________January 17, 2003__________ Clint D. Coghill+* Date Managing Member CCM Master Fund, Ltd.* __By:/s/ Clint D. Coghill_______ _________January 17, 2003__________ Clint D. Coghill Date Director Grant R. Coghill* __By:/s/ Clint D. Coghill_______ _________January 17, 2003__________ Clint D. Coghill as Custodian for Grant R. Coghill Date Family Member Grace A. Coghill* __By:/s/ Clint D. Coghill_______ _________January 17, 2003__________ Clint D. Coghill as Custodian for Grace A. Coghill Date Family Member Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.