DRIV (DIGITAL RIVER). Get in on internet IPO. Message Board

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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: Diver who wrote (104)	8/22/1998 10:57:00 AM
From: M. Frank Greiffenstein	Read Replies (1) of 3198

Spoke to DRIV IR.... Spoke with Mr. Langenfeld yesterday. He is IR guy for both TSQD and DRIV. I asked him about silent period details, IR guy told me DRIV's legal position on this. DRIV feels SEC guidelines allow them to issue press releases during this period. However, because of ambiguity in SEC langauge, DRIV will eliminate any forward looking statements in releases during the 30 day period after IPO. Basically, straight news, no editorial comments by Ronning or anybody else. The guidelines about buy recommendations are absolutely clear: No brokerage recommendations until 30 days have elapsed. Folks, we are all getting itchy and nervous watching DRIV and TSQD tick down day by day, 1/16th by 1/16th. But I know I am going to wait until Sept. 12. If DRIV stays at these levels, BT Brown and BancRS will come out with strong buys. And I would expect some good news is being saved up, news laced with commentary by Ronning. DocStone 2)

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