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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: eDollar.com who wrote (4895)6/15/1999 5:45:00 PM
From: ChopChop99  Respond to of 16809
 
eDollar, to say the VERY least...

I'm no SALN fan! Nonetheless, I wouldn't mind making a few flip-dollars off their IPO. I haven't researched this, but I can't recall a genuine internet IPO that traded down on its first day in the past couple of months. Then again, these are certainly different times.



To: eDollar.com who wrote (4895)6/15/1999 5:49:00 PM
From: ChopChop99  Read Replies (1) | Respond to of 16809
 
CARI prices @ 18...

From Bloomberg:

IPO News
Tue, 15 Jun 1999, 5:46pm EDT
Careinsite's Initial 5.65 Mln Common Shares Priced At 18..
By Joe Celinski

Elmwood Park, New Jersey, June 15 (Bloomberg) -- Following are the
details from Careinsite Inc. initial public offering of 5.65 million common
shares at a price of 18.

Company: Careinsite Inc.
Lead Manager: Merrill Lynch & Co.
Common: 5.65 million
Price: $18
Amount: $101.7 million
Gross Spread: $1.26
Selling Concession: $.75
Underwriting Fee: $.25
Management Fee: $.26
Reallowance: $.10
Trade Date: June 15, 1999
Settle Date: June 21, 1999