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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)

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To: Matthew Wecksell who wrote (123)7/17/1999 1:36:00 PM
From: FDHIII   of 1794
 
SOON!

Red Hat Inc., a leading
supporter of Linux operating system software, set a
price range Friday of $10 to $12 for the sale of six
million shares in its initial public offering planned for next month.
Durham, N.C.-based Red Hat, which will trade
under the symbol RHAT, disclosed the price range
as part of a filing with the Securities and Exchange
Commission filing.
The stock is tentatively scheduled to go public
during the week of Aug. 9.
Underwriters are Goldman Sachs, Thomas
Weisel Partners, Hambrecht & Quist, and E*Trade
Securities.

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