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Technology Stocks : Liquid Audio Inc - (Nasdaq- LQID)
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To: Mohan Marette who wrote (2)6/21/1999 2:54:00 AM
From: Hans U. Tschanz  Read Replies (1) of 674
 
Hi Mohan, The Bull Market Report mentioned the upcoming IPO in this weekend edition:
"Liquid Audio Inc., whose software products allow digital delivery of music over
the Internet, plans to offer 3.6 million common shares, or 21% of the company,
in an initial public offering. The shares are expected to be priced in the
$10-12 per share range. Major shareholders in Liquid Audio include INTEL CORP,
which holds 18% before the offering; and Vulcan Ventures, the investment vehicle
of Microsoft Corp. co-founder Paul Allen, which has a 7% stake. AMAZON.COM has
an option to take a up to a 10% stake in the firm.

COMMENT: This will be big. You heard it here first!"
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