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Technology Stocks : NEON Systems, Inc. (NESY)

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To: DD™ who wrote ()3/2/1999 5:05:00 PM
From: Vijay Raghavan  Read Replies (1) of 91
 
Neon Systems IPO increased -- underwriter

NEW YORK, March 2 (Reuters) - In a sign of strong demand, the size and price on
software company Neon Systems Inc.'s initial public offering have been increased, lead
underwriter Donaldson, Lufkin & Jenrette said Tuesday.

Under the increased terms, the Sugerland, Texas-based company will sell 2.7 million shares
at $15 each. DLJ said. The company had originally planned to sell 2.5 million shares at $12-$14 a share.

Neon's IPO is expected to price after the market closes Tuesday, with shares debuting on Nasdaq on Wednesday.
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