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To: AF who wrote (1957)	8/11/1998 12:22:00 PM
From: Frederick Langford	Read Replies (2) of 2752

Aug. 11, 1998--Digital River, Inc., announced today that its registration statement has become effective and an initial public offering of 3,000,000 shares of common stock at $8.50 per share is being made through an initial public offering of 3,000,000 shares of common stock at $8.50 per share is being made through an underwriting group managed by BT Alex. Brown Incorporated, BancAmerica Robertson Stephens and Bear, Stearns & Co., Inc. The Company has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock . Fred

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