ADAM Software IPO Message Board

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Technology Stocks : ADAM Software IPO

ADAM 8.720

+3.2%

Jan 16 3:59 PM EST

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To: Abel Vieira who wrote (41)	3/1/1999 12:35:00 PM
From: Nick Arnett	Read Replies (1) of 161

You missed the run-up, which was the day before the announcement. On Thursday morning, some of us on the Yahoo board noticed that ADAM content had appeared on Excite and were really wondering why the company hadn't announced the relationship. I even wondered if they were in some kind of formal quiet period. But the announcement came the next morning, the stock peaked in the morning on Friday, then gave about half of Thursday's gain back. But it's coming on strong today and there seems to be a lot more depth to the buying. I've known the company from long before their IPO. One of the founders, whom I know, called me Friday after seeing the public discussions. We had a conversation that certainly encouraged me -- they're going back to Wall Street to talk about their new business plan, now that they're executing on it, and they plan to increase the float, though didn't say how exactly. Another note -- the stock historically has hardly traded at all between $6 and $9, so we could see a sharp increase here shortly.

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