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

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To: Kimberly Lee who wrote (2118)4/18/1999 12:51:00 PM
From: xcr600  Read Replies (1) of 108040
 
Kim,

LPGLY back on the radar screen? NETP ipo is this week, and RAMP filed Friday evening for it's ipo. When RAMP hits a month or two from now, it will be one of the bigger ipo's around. Some heavy hitters in this one. Expect a couple more ipo's from these guys later this year.

x

Press release for RAMP:

biz.yahoo.com

Friday April 16, 4:49 pm Eastern Time

Ramp Networks files IPO for $57.5 mln

WASHINGTON, April 16 (Reuters) - Ramp Networks Inc. said Friday it plans to raise $57.5 million in its first-ever sale of its
common stock to the public.

In an initial public offering filed with the Securities and Exchange Commission, Ramp, which provides shared Internet access for
the small office market, said it applied to trade on Nasdaq under the stock symbol (Nasdaq:RAMP - news).

The Santa Clara, Calif.,-based company did not disclose the amount of stock to be offered nor the estimated initial selling
price.

The offering will be made through BancBoston Robertson Stephens, Dain Rauscher Wessels and Hambrecht & Quist.

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

More Quotes and News:
Nasdaq:RAMP - news
Related News Categories: IPOs, US Market News

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