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Technology Stocks : Active Software Inc (ASWX)

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To: Money Machine who wrote (13)8/12/1999 8:46:00 PM
From: Money Machine  Read Replies (1) of 105
 
This could be one reason, Wit got shafted:

IPO PRICING- Active Software prices 3.5 mln at $11

NEW YORK, Aug 12 (Reuters) -
Company Name Active Software Inc.
Priced At $11
Estimated Pricing Range $10 - $12
Number of Shares 3.5 million
Lead Underwriter Goldman Sachs

NOTE: Number of shares was cut to 3.5 million from 4.0 million. Active Software (Nasdaq:ASWX - news), based in Santa Clara, Calif., designs business integration software.
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