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Technology Stocks : NetObjects, Inc. (NETO)
NETO 0.00Nov 6 4:00 PM EST

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To: Elliot who wrote (51)5/7/1999 10:21:00 AM
From: Mohan Marette   of 278
 
NetObjects's Initial 6 Mln Common Shares Priced At 12

Bloomberg News
May 7, 1999, 6:44 a.m. PT

Redwood City, California, May 7 (Bloomberg) -- Following are the details from NetObjects Inc.'s initial public offering of 6 million common shares at a price of 12.

Company: NetObjects Inc.
Lead Manager: BT Alex. Brown
Common: 6 million
Price: $12
Amount: $72 million
Gross Spread: $.84
Selling Concession: $.47
Underwriting Fee: $.20
Management Fee: $.17
Reallowance: $.10
Trade Date: May 7, 1999
Settle Date: May 12, 1999
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