Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (1075)	6/17/1999 11:00:00 PM
From: scouser	Read Replies (2) \| Respond to of 150070

Jim, there a few that do that , clearstation does it also and gives a list on their site. I want one that checks williams% on BB's , I have posted all over to find one - no luck. DIGG , stochastic just turned up, price should rise now. John

To: SSP who wrote (1075)	6/17/1999 11:42:00 PM
From: CIMA	Respond to of 150070

TWE Info: One of the largest discount brokers in the world. Status/Tentative Pricing JUN21-22 Lead Underwriter CS FIRST BOSTON CORP Exchange NYSE Ticker TWE Price $20-$24 Shares 32,000,000 Shares Offered by Company ALL Over-Allotment 4,800,000 Est. Offering Amount 1,000,000,000 Est. Offering Expenses 0 Post-Offering Shares 365,000,000 Lockup Period 0 =============================== THE OFFERING Common stock offered: U.S. offering............................. 20,800,000 shares Canadian offering......................... 8,000,000 shares International offering.................... 3,200,000 shares Total.................................. 32,000,000 shares Common stock to be outstanding following the offerings................................. 365,000,000 shares Use of proceeds............................. We intend to use approximately $443 million of the estimated net proceeds of the offerings for investments in technology and systems upgrades, increases in our advertising and marketing budget and other working capital and general corporate purposes. The exact amount and timing of such expenditures, however, will depend upon a number of factors, including growth in customers and trading activity, market conditions and technological developments, and accordingly, management will have broad discretion in allocating the proceeds from the offerings for specific purposes. We may also use a portion of the net proceeds to finance acquisitions of other companies,although we do not currently have any pending or proposed significant acquisitions. In addition, we intend to use approximately $221 million of the remaining net proceeds to repay certain intercompany debt to TD Bank and to redeem shares of the preferred stock of several of our subsidiaries held by TD Bank. NYSE and TSE listing symbol................. TWE The share totals listed above do not include 4,800,000 additional hares that at will be offered by us if the underwriters and managers exercise their over-allotment option in full. Some of the disclosure in this prospectus will be different if the underwriters and managers exercise this option. Unless we state otherwise, the information in this prospectus assumes that the underwriters and managers will not exercise this option. In addition, the number of shares of common stock shown in this prospectus as outstanding following the offerings includes shares which are issuable upon exchange of the exchangeable preference shares held by TD Bank (see "The Reorganization"), and excludes 32,850,000 shares to be reserved for issuance pursuant to employee incentive and stock option plans..............