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Technology Stocks : CheckFree (CKFR)

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To: chirodoc who wrote (219)7/29/1997 4:35:00 PM
From: Jumper   of 8545
 
Net.B@nk has Cold IPO

biz.yahoo.com

Soft couple of days here for online commerce.

- Shares of Net.B@nk Inc(NTBK - news) slid on their first day of trading despite a generally favorable climate for IPOs.

The Atlanta internet bank sold 3.5 million shares, up from an original plan to offer three million, for $12 each, the top of its estimated price range of $10 to $12. Morgan Keegan & Co Inc was the
lead underwriter of the offering.

"Slid" - I couldn't get a quote in NTBK?

Jumper
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