BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

STOCKTALK

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 : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn Petersen who wrote (914)	1/4/2000 10:18:00 AM
From: xcr600	Read Replies (1) of 954

Backdoor play- LDP/Extensity(EXTN) IPO date expected week of Jan 24. Berkeley International Capital Corp did $8mln of financing in August. This will translate into 1.33mln shares (7.7%) of the common upon IPO. Should be a nice ipo. (BICC is a wholly owned Venture funding arm of LDP) Lead underwriter is Deutsche Bank Alex Brown BICC berkeleyvc.com Extensity extensity.com Here's a blurb from CBSMW- Extensity sets terms of initial public offering By Steve Gelsi and Amanda Tyler, CBS MarketWatch Last Update: 11:27 AM ET Jan 3, 2000 See: Net Stocks NEW YORK (CBS.MW) -- Extensity, provider of Internet software applications, filed the details of its initial public offering on Monday, disclosing that it will sell 4 million shares at $8 to $10 a share. The Emeryville, Calif.- based company (EXTN: news, msgs) said it plans to use the financing to repay $3.3 million in debt to Comdisco Ventures. Extensity plans to use the remainder of the net proceeds for working capital, sales and marketing, and research and development. The company refers to its product, which automates expense reporting, travel management and billable time management, as workforce optimization software. Since the introduction of Extensity's first application in 1998, the company has licensed it product to more than 70 customers, including Sara Lee (SLE: news, msgs) and Cisco Systems (CSCO: news, msgs). Deutsche Banc Alex. Brown will be the lead underwriter

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next