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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject6/12/2001 7:13:16 PM
From: Goodale   of 37746
 
General Maritime- one of today's IPOs

IPO opens for trading at $18; priced 8 mln shares at $18, middle of revised $17-19 range; lead underwriters are Lehman Brothers and ABN AMRO; GMR is a provider of international seaborne crude oil transportation services within the Atlantic Basin.

Raises shares by one million, prices at 18 and closes below 17. Beware the Lehman Brothers and ABN Ambro as underwriters
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