AsiaHoldings (ASIA) 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 : AsiaHoldings (ASIA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Scott who wrote ()	3/3/2000 2:25:00 PM
From: Neil H	of 18

AsiaInfo Holdings AsiaInfo Holdings (ASIA: news, msgs) priced at $24 per share, well above its $18-to-$20 range, and blasted to 103 15/16 my midafternoon. The Beijing-based provider of IT software for the Internet is banking on intense interest in Asian Internet deals drummed up by such IPO deals as Chinadotcom's (CHINA: news, msgs). "IPOs out of China have been a great way to make money in the past," said Ben Holmes of IPO Pros. "This is about as close to a Net infrastructure deal as we have seen out of that country." Chinadotcom priced at $20 per share on its July 13. It's now trading at about 130. AsiaInfo Holdings offered 4 million shares in a bid to raise $96 million. Morgan Stanley Dean Witter is the lead underwriter on the deal, which drew a ranking of 5 on a scale of 1 to 5 from IPO Pros.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next