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Technology Stocks : MARIMBA / RAMBUS
RMBS 105.76+2.8%9:30 AM EST

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To: James Connolly who wrote (88)8/1/1997 10:21:00 PM
From: Ibexx   of 99
 
James,

Not sure when exactly Marimba will be brought out, although I kept hearing about its IPO.

I suspect it will be like Rambus; its initial IPO date was changed more than 3 times, and one day last May, my broker called and said it would be out in a few days. It did--just like that.

My understanding is that these underwriting firms will have the paper work ready and waiting in the wings; it would be just a matter of optimal timing when will they officially bring out a "hot" issue. (For example, they wouldn't want it to be jinxed by a major economic indicator if negative, etc.)

I noticed you also bought ATMH--so did I. Got a few hundred shares of allocation at IPO price, but had to add to the position in the post-IPO market. I bought mostly at $19-$20 in recent days.

Any thoughts as to its near-term course of action?

Ibexx
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