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To: Nandu who wrote (4091)	4/22/1999 12:18:00 AM
From: Mohan Marette	Read Replies (1) of 12475

W.R. Hambrecht + Co. is pleased to announce that Salon.com is planning to go public. Anil: I got this thing in the email today, you having a go at it.I don't think I care too much for this open IPO biz for some reason,you? ========================= The offering is being underwritten by W.R. Hambrecht + Co. through our proprietary OpenIPO system. This will allow investors to participate in the pricing and allocation of the IPO shares. To find out more, visit the Briefing Center at openipo.com. To bid in the OpenIPO auction, you need to have an account at W.R. Hambrecht + Co.or a brokerage firm that participates in the OpenIPO Network. Please note that it may take two or three weeks to open a new account. IMPORTANT DETAILS: The issuer: Salon.com Description of the company: Salon.com is a leading Internet media company that produces a network of ten subject-specific, demographically-targeted Web sites and a variety of online communities designed to attract premium Internet advertisers and electronic commerce partners. The security: Common Stock Expected Size of Offering: 2,500,000 shares of Common Stock. This represents new financing and all shares are being offered by the Company. Expected Price Range: $10.50 to $13.50 per share Expected Symbol: SALN Lead Managing Underwriter: W.R. Hambrecht + Co. Co-Manager: Daiwa Securities America Inc. This announcement is neither an offer to sell nor solicitation of an offer to buy any of the securities. The offering is made only by the prospectus. Copies of the preliminary prospectus may be obtained from W.R. Hambrecht + Co.: 1) at openipo.com; 2) by contacting W.R. Hambrecht + Co. in writing at 550 Fifteenth Street, San Francisco, CA 94103; 3) by calling toll free 1-877-673-6476.

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