StorageNetworks, Inc. (STOR) 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 : StorageNetworks, Inc. (STOR)

STOR 32.21

0.0%

Feb 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ChopChop99 who wrote (16)	6/29/2000 6:56:00 PM
From: Glenn Petersen	Read Replies (1) of 187

STOR priced at $27 per share: biz.yahoo.com Thursday June 29, 6:45 pm Eastern Time IPO-PRICING StorageNetworks IPO prices at $27, above range NEW YORK, June 29 (Reuters) - StorageNetworks Inc. (NasdaqNM:STOR - news) raised $243 million after pricing 9 million shares at $27 dollars in its initial public offering, above the recently raised price range of $23 to $25 on Thursday. The Waltham, Mass.-based data storage network company's had already produced a flurry of attention on Wednesday after boosting its range from $17 to $19. Goldman Sachs Group Inc. (NYSE:GS - news) was the lead underwriter in the deal. StorageNetworks is creating a fiber optic network that will allow companies to store a ``virtually unlimited'' amount of date in the Web, the company said in its Securities and Exchange Commission filing.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next