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Technology Stocks : NUANCE COMMUNICATIONS (NUAN) -- Voice Interface Software
NUAN 54.840.0%Aug 11 5:00 PM EST

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To: JC who wrote (32)4/15/2000 11:20:00 AM
From: Walter Morton  Read Replies (2) of 191
 
NUAN one of the stocks of the week:

Even with the market's clear distaste for technology issues, this IPO managed to post a 100% gain on its first day of trading. Nuance, which makes voice-recognition software for cellular phones, debuted on the Nasdaq on Thursday, offering 4.5 million shares at $17. It gained 16 points on its first day's trading, giving the company a market capitalization of $930 million.

It had a tougher time on Friday, as did practically ever other stock on the Street, but still managed to eke out a quarter-point gain, to close at 34 1/4. The stock finished the week up 100%.
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