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Technology Stocks : GeoCities
GCTY 450.000.0%Mar 16 5:00 PM EST
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To: STOCKaHOLIC who wrote (226)8/11/1998 12:33:00 PM
From: Gerald Walls  Read Replies (2) of 316
 
Geocities opens at $30 per CNET

Here's the story :

I've seen two reports that it opened at 11:08. These later turned out to be in error. freerealtime.com and Schwab real time quotes both show no trading.

The CNET story looks like, IMHO, that it was prewritten and they just waited for the first numbers to plug in.
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