IPO and Other Stock Plays Message Board

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Strategies & Market Trends : IPO and Other Stock Plays

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From: MLD38	5/2/2005 7:52:28 PM
	of 13331

Chinese Watchdata (WDAT) cuts range to $14 to $15 ipohome.com Watchdata Technologies, a leading provider of data security and encryption software in China, cut its proposed price range by 24% to $14 to $15 on Monday. The company still plans to offer 3 million ADSs in addition to the 1 million offered by selling shareholders. Deutsche Bank and Jefferies plan to price the deal on Tuesday, May 3rd, and the stock should begin trading on the NASDAQ on Wednesday under the ticker WDAT. 5/2/05 : Chinese encryption firm Watchdata cuts range to $14 to $15 4/14/05 : Watchdata announces price range of $18 to $20 ipohome.com

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