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Technology Stocks : divine interVentures, Inc. (DVIN)

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To: Glenn Petersen who wrote ()3/19/2000 2:30:00 AM
From: astyanax  Read Replies (2) of 246
 
RedHerring has come out with their pre-IPO ratings. Interesting. They're wrong.

They don't rate DVIN 'Red Hot'. They don't even rate it 'Hot.' It's tied for last among the 20 IPOs listed, ranked only as 'Warm' along with 2 other companies. Clearly their thermometer is broken.

Call me crazy, but I have a difficult time believing that DVIN will rank 20th for generating the most buzz that week.
ipo.com

The quality of the offerings for that week is unusually high so it should be a spectacular weak, despite the fact the IPO market is finally showing signs of weakness lately.

Hard to believe that a company that's been around for only a few months will most likely be valued at over $20 Billion when it debuts. There are rumblings of envy whispered around here in Chicago (where DVIN is being hailed as a savior). Old-line Chicago companies Sears and Smurfit-Stone Container (featured in this week's Barrons Magazine) generated $47 Billion more in sales last year than did DVIN yet DVIN will easily have a market cap exceeding their collective cap of $15 billion. Fancy that.

- Netconductor.com
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