Mike INSP
Here is an IPO that might debut today
Could be a play::::
InfoSpace.com Makes Space for More Shares
Monday, December 14, 1998
By Jonathan Noel, IPO.com
InfoSpace.com has increased the amount of its IPO, which may
take place later today, and will now sell 5 million shares in a price
range between $13 and $15.
The move is still another indication of the current investor fervor for
Internet IPOs and is an increase almost 60% over the company's
original plans to sell 4 million shares in a range between $9 and $11.
The new maximum amount for the offering is $75 million, up from
the previous max of $44 million.
InfoSpace.com is based in Redmond, WA, and is a leading
provider of online content, such as maps, yellow pages, and
stock-quotes, which it syndicates to a broad network of affiliates,
including Internet portals, destination sites and suppliers of PCs and other Internet access devices.
The company's affiliates include AOL, Netscape, Microsoft, Lycos,
MetaCrawler, Playboy, Dow Jones, and ABC LocalNet.
The lead underwriter for the offering is Hambrecht & Quist.
NFOSPACE.COM INC INSP
15375 -- 90TH AVENUE N.E.
REDMOND WA 98052
USA
425-882-1602 FAX: 425-869-7501
Industry
Business Services
Employees, FT|PT 48
State of Incorporation DE
Fiscal Year Ending
12/31
Revenue
$1.7 Mln (FY 97)
Net Income(Loss)
$(0.4 Mln)
CEO Naveen Jain
CFO Douglas A. Bevis |
