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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: Matt Brown who wrote (553)10/28/1999 7:59:00 AM
From: Kimberly Lee  Read Replies (1) of 1884
 
FT, I agree. I still think ISLD and Sandpiper have some even better news to come. For over 4 months, ever since Goldman took Juniper public, MSCO, Goldman, First Boston and Robbie have been very interested in taking Sandpiper public, but Sandpiper decides to merge with ISLD instead. There has to be something more alluring for Sandpiper to forego a cash infusion of 100M in the IPO (Sandpiper can easily make an offering of 5M pricing at $20, and this is a conservative estimate).

My guess is that some big investor is taking care of the cash infusion, something like Paul Allen's Vulcan.

By the way, very impressed by your precocity. Please keep up the good work
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