SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kimberly Lee who wrote (549)10/26/1999 9:12:00 PM
From: Matt Brown  Read Replies (2) of 1884
 
Looks like both compaines came out like bandits on this deal...

ISLD only issued 27.4 million shares of stock...(lot less than what should have been issued)

SANDP was worth about 630$million on Monday according to ISLD, now worth over 1.37 billion$ ... not a bad growth spurt in 2 days I would say..

Looks like they planned it this way....no underwriters, no shareholders to deal with, nada..

They go public and start of with a whopping $1.37 billion in 2 days...So that is the market cap of SANDP, essentially..

Both came out well..Good move, SANDP and ISLD

FM who thinks women are really showing the men how to work the mojo on business deals :-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext