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Technology Stocks : LIOX - Globalization for the Internet
LIOX 5.7500.0%Mar 1 4:00 PM EST

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To: Srinivasan Balasubramanian who wrote (67)9/6/1999 10:12:00 PM
From: Trade4$  Read Replies (1) of 151
 
RE: this one would have rocketed if it had a better underwriter [than] Prudential. Lets hope they are number ten (or so) and trying harder than anyone else to move up. If they (Prudential) do a good PR job on this at end of QP, they will get more future IPO contracts. They shouldn't pass up the opportunity.

A company that IPO's gets more than just initial cash on IPO day. It also receives publicity (especially at end of quiet period) that can lead to new contracts and revenues. I for one never heard of Lionbridge before it IPO'd. To sum up, if Prudential publicizes LIOX well, other companies will want to use Prudential in the future.

Trade4$
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