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Technology Stocks : Town Pages Net.com plc (TPN) -- Ignore unavailable to you. Want to Upgrade?

To: hcm1943 who wrote (12)	6/11/1999 11:15:00 AM
From: Intrepid1	Respond to of 40

Great article, here is an excerpt: But, one stock that could finally recover soon is TownPagesNet.com Plc (AMEX: TPN - Quotes, News, Boards), which issued 2.2 million American Depositary Shares at $10 a pop back in late April. After briefly climbing as high as $13.50, the shares sank to a low of $7.25. They have recently rallied back to $9.13. The stock has suffered for several reasons. For one thing, all net stocks have been hammered, of course. Also, it's a U.k.-based company. And its lead underwriter was not exactly a bluechip name--Dirks &Co., home of the legendary Ray Dirks. 'Investors want to feel comfortable with the after market support,' explains David Menlow, president of IPO Financial Network. 'It may be suffering from a little investor concern. It has no punch.' However, the shares could receive that punch after it announces two acquisitions on Monday, June 14..... iionline.com