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Technology Stocks : CBS MarketWatch (NASDAQ:MKTW)

MKTW 16.23

-3.9%

Nov 14 9:30 AM EST

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To: garrick le who wrote (118)	1/14/1999 5:39:00 PM
From: trypod	Read Replies (1) of 571

Latest pricing: Thursday January 14, 4:41 pm Eastern Time Marketwatch.com IPO price range increased NEW YORK, Jan 14 (Reuters) - BT Alex Brown said Thursday it raised the initial public offering price for Marketwatch.com, a joint venture financial Web site between Data Broadcasting Corp. (Nasdaq:DBCC - news) and CBS Corp.(NYSE:CBS - news), to the $16 to $17 range. This is the second increase in the price range for Marketwatch.com, which is expected to price Thursday evening. The first increase raised the price range to $14 to $16 a share from the original range of $10 to $12, indicating demand is very strong for the popular Web site. ''This deal is absolutely on fire,'' said Ben Holmes analyst and president of ipoPros.com, a Boulder, Colorado-based financial firm. Marketwatch.com is expected to start trading Friday under the symbol ''MKTW.O'' on the Nasdaq stock market. Data Broadcasting closed Thursday on the Nasdaq stock market down 1-7/16 at 31-3/16. CBS dropped 1 at 34-3/8 on the New York Stock Exchange. biz.yahoo.com Later:Rick

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