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Pastimes : I hate, I love Riley G's Investment picks!

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To: Riley G who wrote ()7/1/1998 2:35:00 PM
From: Riley G   of 31
 
Subject 21809
Allegiance Telecom (ALGX)
allegiancetele.com
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The newest Company and IPO in the telcom industry.
It's CEO was with MFS and the WCOM before starting his own new company.
This should be a GREAT long term intestment.

Riley G
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IPO PRICING - Allegiance Telecom below-$15
NEW YORK, July 1 (Reuters) -
Company Name Allegiance Telecom Inc
Priced At $15
Estimated Pricing Range $16 - 18
Number of Shares 10 mill
Lead Underwriter Morgan Stanley/Salomon Smith Barney
Note: Number of shares offered lowered to 10 million from 12 million.
number of shares offered in the U.S. was 7.6 million, with remainder
offered in the U.K. Allegiance Telecom provides telecommunications
services.
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