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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ

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To: Brad who wrote (627)	6/17/1999 8:45:00 PM
From: stockman_scott	Read Replies (1) of 1143

FYI...New IPO info. on GoTo.com...They have an interesting concept and some BIG backers...Here's the news: <<Thursday June 17, 8:15 pm Eastern Time GoTo.com's estimated IPO price range upped again WASHINGTON, June 17 (Reuters) - The estimated price range for Internet search engine GoTo.com Inc.'s initial public offering of 5 million common shares was raised twice in one day to $14-15 per share from $13-14, the company said Thursday. The company disclosed the latest price range in a Securities and Exchange Commission filing. Earlier in the day the IPO's lead underwriter, Donaldson Lufkin & Jenrette, said the range was raised to $13-14 from $11-13. The IPO is expected to begin trading on June 18. The Pasadena, Calif.-based company matches consumers who search the Internet for keywords and terms to advertisers who have won an auction for priority placement in the results for those keywords. Advertisers pay GoTo.com each time a consumer clicks on the their Web site listing.>> ------------------------------------------------------------------ More background info. on the company is available at: goto.com This will be a company to watch. Best Regards, Scott

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