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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)
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To: Nelson Chang who wrote (707)8/18/1999 3:26:00 PM
From: Gerald Walls  Read Replies (3) of 1794
 
RHAT coverage will be initiated in the next several sessions.

The recommendations from the underwriters will start (as they always do) before the bell on the first trading day after the 25-calender-day quiet period expires. Non-underwriters can issue a recommendation at any time but very rarely will they issue a recommendation before the underwriters do.

During the quite period following the IPO the company and underwriters can only comment on material events.
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