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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: DAY TRADER who wrote (168)3/24/1999 8:26:00 AM
From: Kimberly Lee  Read Replies (1) of 108040
 
DT, the IPO spotlight today belongs to that of Bear Stearns' MINE, priced last evening at $25, upwardly revised from an original range of 12 - 14. Let's see whether the mighty Bear Stearns can manage to trade MINE in outer space against the backdrop of a fragile market. My bet, as usual, is with BEST.

From the red herring:
MININGCO.COM (http://www.miningco.com)

MINE
Offering

3,000,000 shares at $12-$14
Manager
Bear Stearns
Comanager
Volpe Brown

Trading outlook

Rated A+ (increased from an A)

MiningCo.com is an Internet news, information, and
entertainment service. The company's network has over
600 GuideSites, each of which focuses on a specific topic
and is managed by a knowledgeable human guide.
According to Media Metrix, over 4.2 million users visited
MiningCo.com in November 1998. The company is based
in New York City.

Top of everybody's want list. If there is a super moonshot
this week, it could be MiningCo.com. Remember
MarketWatch's (MKTW) opening-day gain of 473
percent?
MiningCo.com is looking up.
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