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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.27+0.8%1:43 PM EST

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To: Lizzie Tudor who wrote (65109)12/21/2003 2:06:37 PM
From: Victor Lazlo  Read Replies (1) of 77400
 
OT

Salesforce.com has filed for their IPO. The ipo will result in 89 million shares out, plus another 18 million or so for various warrants and options. Yikes !

If it goes to at least $30 the 1st day which i assume it will, it will be valued at well over $3 billion for a co doing $66 mill in revenues the 1st nine mos of this year !

I sure wouldn't want to be holding this stock when the six-month insider ipo lock-up period comes to an end!
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