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To: Suntrader who wrote (1053)6/7/1999 2:03:00 PM
From: Glenn Petersen  Read Replies (2) | Respond to of 3519
 
Found an article from "Wired News" with confirmation from Freeserve in regard to the IPO. Note that the lower end of the estimated valuation range has been bumped up by 50% to 750.0 MM pounds:

wired.com

Dixons to Take Freeserve Public
Wired News Report
7:30 a.m.  7.Jun.99.PDT
British electronics retailer Dixons on Monday confirmed reports that it would take its Net service Freeserve public, giving a boost to Europe's thin offering of online stocks. Freeserve, which pioneered subscription-free Internet access in the United Kingdom, was launched only nine months ago. Already, though, it's Britain's leading service provider, valued at between 750 million pounds (US$1.21 billion) and two billion pounds ($3.23 billion).