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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Sam Nizam who wrote (4867)	1/22/1999 9:04:00 AM
From: Mike Ankley	Read Replies (1) of 27722

Sam, I remember back in November when DBCC price was 8-9 and MKTW IPO was first being discussed ... the possible effect based on shares, percentages, etc. that MKTW would have on it was thought to move DBCC to 13-15 ... 17-19 if MKTW mania kicked in. Well that estimate was about 30 points too low! Not saying that same will happen with TNO, it definitely won't being on NYSE and the extra float. Just pointing out that lately the common wisdom on IPO price effect on the parent has usually been way too low. Cheers Mike

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