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Non-Tech : Auric Goldfinger's Short List

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To: Sir Auric Goldfinger who wrote (5310)6/29/2000 11:39:00 AM
From: RockyBalboa  Read Replies (1) of 19428
 
Wheeee....this offering performs as bad as Fogdog, or Netivation...

Thursday, June 29, 2000

"Still no demand for Genuity"

--11:16 am - By Michael Baron
Genuity (GENU: news, msgs) continues to suffer in its second day of trading. The stock is off 25/32, or 8.3 percent, to 8 5/8 on volume of 7.76 million shares. The Burlington, Mass., provider of Internet infrastructure services held a massive initial public offering Wednesday, pricing 174 million shares at $11 each. This debut price was below its forecast range of $12 to $15 a share. Morgan Stanley Dean Witter and Salomon Smith Barney acted as joint book-running managers for the offering.

Umm nostro full, how will they unload?
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