William, here's a few tips. Never buy an IPO unless you follow what the sluts are recommending. (1) Forget about Hhnt. There's too much competition. >> WASHINGTON, Aug 16 (Reuters) - HeadHunter.Net Inc. <HHNT.O> filed to sell 3 million shares of common stock in an initial public offering in a projected range of $12-$14 per share, a Securities and Exchange Commission filing said.
HeadHunter.Net, whose website had 100,000 users per business day in June, allows companies to list job opportunities and review resumes posted on the site.
The Norcross, Ga.-based Internet company, also helps job-seekers search free of charge for a position by location, type of work, salary and experience level and respond to job postings.
The filing didn't disclose when the sale would take place.
The IPO will be managed First Union Capital Markets Corp., J.C. Bradford & Co., Wachovia Securities, Inc., and DLJdirect Inc. and they have been allotted 450,000 extra shares in case of excess demand for the stock.
The company plans to use the proceeds of the sale to expand its sales, advertising, marketing and "develop strategic relations," it said in the filing with the U.S. regulatory agency.<< You should have joined the rest of us ,and bought Ntro, and Wink. Do you know what slut brought them out? >> NEW YORK, Aug 19 (Reuters) - The Nasdaq Composite Index fell for the second day on Thursday as blue-chip technology stocks slipped, and Internet shares retreated from the previous day's rally.
The Nasdaq composite index lost 36.30 points, or 1.37 percent, to an unofficial close of 2,621.43 on volume of about 866 million shares. Declining issues led advancers 2,140 to 1,694, with 54 stocks reaching new highs, and 55 setting new lows.
Big-cap technology issues eased, with bellwether Intel Corp. <INTC.O> shedding 1-3/16 to 77-5/16. Cisco Systems Inc. <CSCO.O> off 1-1/16 to 62-1/4, and Dell Computer Corp. <DELL.O> down 11/16 to 43-7/8.
Microsoft Corp. <MSFT.O>, the most widely traded issue, fell 1-3/16 to 83-13/16.
Internet stocks retreated from Wednesday's gains as Amazon.com Inc. <AMZN.O> lost 7 to 106-1/8, and eBay Inc. <EBAY.O> shed 12-3/16 to 113-3/4.
TheStreet.com's basket of cyber shares <.DOT> fell 17.29 points, or 3.05 percent, to 549.14.
Two bright spots came from new issues.
Wink Communications Inc. <WINK.O>, a maker of systems that allow viewers to order and buy directly from their television sets, soared 19-11/16 to 35-11/16, after debuting at 16.
Netro Corp. <NTRO.O>, a maker of telecommunications equipment, jumped 15-1/2 to close at 23-1/2, after debuting at 8.<< |