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 : 724 Solutions (NASD: SVNX, TSE:SVN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: caly who wrote ()2/1/2000 11:25:00 PM
From: canuck-l-head  Read Replies (2) of 337
 
I found it. Check out Eric's link by Mark Evans in Post #93. Here is a clipping (ya, I know I am not supposed to do this, but I am giving all credit where due): It says investors could make purchases, but the IPO is NOT finalized. What does this mean?

Wireless software firm's shares rise fourfold
Stock soars $66.21 on a when-and-as-if trade
basis as wireless 'gold rush mentality' continues
MARK EVANS
Technology Reporter
Saturday, January 29, 2000

724 Solutions Inc. exploded out of the starting blocks yesterday as its shares jumped nearly fourfold during the first day of trading.

724 soared $66.21 to $103.50 on the Toronto Stock Exchange on volume of 1.1 million shares. The stock traded on a when-and-as-if basis, which means that investors could make purchases but could not receive share certificates until 724's initial public offering (IPO) is finalized on an as yet undisclosed date. On the Nasdaq Stock Market, the shares rose $45.94 (U.S.) to $71.94.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext