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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Sam Biller who wrote (4169)3/31/1999 9:02:00 PM
From: david barr  Read Replies (1) of 20297
 
Princeton eCom Corp. files for $46 mln IPO

Wednesday March 31, 5:44 pm Eastern Time

WASHINGTON, March 31 (Reuters) - Princeton eCom Corp., a provider of Internet bill
publishing and payment services, filed Wednesday with the Securities and Exchange
Commission for an initial public offering of $46 million in common stock.

The Princeton, N.J.-based company did not disclose the number of shares in the offering or
provide an anticipated price range for them.

It will apply to trade the shares on Nasdaq under the symbol (Nasdaq:ECOM - news).

The underwriters are BancBoston Robertson Stephens and Donaldson, Lufkin & Jenrette, and E*Trade Securities and
DLJdirect Inc. will facilitate the Internet distribution, the filing said.

Net proceeds will be used for working capital and other general corporate purposes.

biz.yahoo.com
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