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Technology Stocks : Broadcast.com (Acquired by Yahoo)
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: calvis who wrote (45)7/16/1998 2:37:00 PM
From: Tradegod   of 1260
 
How to get in on the Broadcast.com IPO (sort of)

This will be a hot issue. My sources tell me probably priced around 17. First trade could go in the 30's. Plus the actual float will be tiny. 2.5 million allocated. Most of those going to holding institutions. (particularly with the heat in this sector now) Bottom line maybe 10% or 250,000 shares in the float tomorrow.

Now sucks for us right, maybe not. I would suggest getting some Real networks RNWK before the close. Broadcast is their biggest customer, and you need real Audio to use Broadcast. My experience has been that a hot IPO spills over to it's cousins. RNWK is down slightly on low volume. I expect a 5 point jump tomorrow, if BCST is hot.
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