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Technology Stocks : @HOME IPO
ATHM 24.95-0.7%Nov 4 3:59 PM EST

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To: Uriel Yepes who wrote (321)7/11/1997 11:14:00 AM
From: IKM   of 383
 
I wonder if it will live up to the hype?

At Home IPO seen nearly doubling at open
------------------------------------------------------------------------

NEW YORK, July 11 (Reuter) - Shares of At Home Corp could
nearly double at the opening of trading when the Internet
company goes public, according to IPO analysts.
"It could rise eight points on the opening," said Vince
Slavin, who tracks IPOs for Cantor Fitzgerald. Other analysts
have also said they expect the shares to rocket higher at the
opening of trading.
"Everyone wanted this deal," said Slavin.
Nine million shares of the high-speed Internet access
provider were priced at $10.50 each late on Thursday. Morgan
Stanley & Co and Merrill Lynch were co-lead underwriters of the
initial public offering.
At 1030 EDT/1430 GMT, the stock had not yet opened for
trading, pending effectiveness of the offering by the U.S.
Securities and Exchange Commission.
The Redwood City, Calif., company allows customers to hook
up their PCs over their existing cable television coaxial
cables with cable modems that run over 300 times faster than
regular dial-up modems.
REUTER
Rtr 10:35 07-11-97
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