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Technology Stocks : Audible Inc-(Nadaq-ADBL)
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To: Shadowed who wrote (23)7/15/1999 9:02:00 PM
From: Mohan Marette  Read Replies (1) of 165
 
Audible's Initial 4 Mln Common Shares Priced At 9 -Details from Bloomberg

Bloomberg News
July 15, 1999, 3:41 p.m. PT
Wayne, New Jersey, July 15 (Bloomberg) -- Following are the details from Audible Inc.'s initial public offering of 4 million common shares at a price of 9.

Company: Audible Inc.
Lead Manager: Credit Suisse First Boston
Common: 4 million
Price: $9
Amount: $36 million
Gross Spread: $.63
Selling Concession: $.38
Underwriting Fee: $.12
Management Fee: $.13
Reallowance: $.10
Trade Date: July 15, 1999
Settle Date: July 21, 1999
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