thanks, LA, couldn't have done it without any of you. IPO picks of this week:
CLIC (Calico Communication) - originally scheduled for the week of Sep 27, but at press time GSCO has decided to price it in the evening of Sep 23, paving the way for CLIC's debut the next day. High-tech manufacturers, telecom service providers, retailers, and financial service companies use Calico's eSales software with their Web sites to help customers make online purchases of typically complex products. Based on customer input, the software assesses product requirements and purchasing constraints, then customizes information and quotes on a variety of products and services. UWs: GSCO, assisted by Hambrecht and Merrill, very strong team
Client list: Dell and Gateway accounts for 10%+
Alliances: partnership with SILK and IBM
Offering size: 3.9M; similar companies: BVSN, PCOR
ATON - Alteon WebSystems. In the race for faster communication and development of much broader bandwidths, Alteon makes products to speed up the servers that feed data into networks and Web sites. The company offers Gigabit Ethernet server switches, semiconductors, adapter cards, Internet traffic director switches, and the controlling operating system to manage server "farms," or multiple servers that handle large amounts of data.
Clients: Sun Microsystems (42% of sales), Fuji, Xerox (14%), and 3Com (10%). Alteon sells its gear to manufacturers, Internet service providers, and content publishers. In the long termed, the dependency on SUNW as it's major client could pose difficulties but as an IPO trade, that constitutes a major asset.
UWs: Lehman Brothers, assisted by Robbie and Tommie, fairly strong team
Offering size: 3M, very attractive. I fully expect LEHM to raise the price to at least $19.
Similar companies: FFIV, Cisco, Foundry, Nortel |
