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Strategies & Market Trends : Trader J's Inner Circle
NVDA 185.58+1.8%3:59 PM EST

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To: Trader J who wrote (5408)1/21/1999 7:16:00 AM
From: HavanaHoney   of 56535
 
Trader J: Allaire raises range by 20%

Allaire (ALLR) announced that it will issue 2.5 million
shares at $19-$20 per share. The software company said it
now plans to price Thursday night and will begin trading
on Friday. Source: ipo-fund.com
Sounds like demand for the stock is strong.

BVSN and BEAS compete in the same arena as Allaire and Vingette (another upcoming IPO). If these IPO's are strong, it should draw attention to the sector.
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