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Technology Stocks : Edify (EDFY) IPO -- Any Comments?

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To: Teddi Fiero who wrote (6)7/10/1996 2:38:00 PM
From: Clam Clam   of 355
 
Inter/Intranet "killer app"???
That is what is being said about the company - admittedly by the CEO but I don't get why the company only gets given a value of $350 million (@18m shares x $20/share) when it could grow its business very rapidly over long-term ---> CEO also calls the move to self-service automation software a 20-year trend.... I don't know if the company will make it but at $350 mm and a decent chance to "make it", I'm willing to bet on it....
Goldman Sachs, probably the premier investment bank in the world took them public so its not just another little company, it probably has a decent chance as Goldman turns down a lot of IPO clients....
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