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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 21 4:00 PM EST

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To: IA who wrote (27123)	6/27/2000 3:42:00 AM
From: Johnny Canuck	Read Replies (1) of 68220

Monday June 26, 7:20 pm Eastern Time IPO PRICING-Stratos Lightwave prices $21/shr above range NEW YORK, June 26 (Reuters) - Stratos Lightwave Inc. (Nasdaq:STLW ), raised $183.75 million when it sold 8.75 million shares at $21 each, in its initial public offering on Monday. The company, a unit of Methode Electronics Inc. (NasdaqNM:METHA ), sold the shares above the expected pricing range of $16 to $18, said lead underwriter Lehman Brothers. Chicago-based Stratos makes optical subsystems for high data rate networking, data storage and telecommunications applications that convert electronic signals into optical signals and back. ************************ Stratos Lightwave set to shine Stratos, Marvell priced above expected ranges By Steve Gelsi <mailto:sgelsi@marketwatch.com>, CBS.MarketWatch.com Last Update: 4:09 PM ET Jun 26, 2000 cbs.marketwatch.com

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