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

To: mact who wrote (5244)	6/21/1999 9:25:00 AM
From: Topannuity	Respond to of 16809

redherring.com RED HERRINGS PICKS OF THE WEEK Ariba provides intranet and Internet-based business-to-business e-commerce solutions for operating resources, such as information technology and telecommunications equipment; professional services; supplies, facilities, and office equipment; and expense items. The company is based in Sunnyvale, California. IPO traders think this could be the best-performing IPO of the week. They look for the stock to trade at a $5-a-share premium over issue price. San Francisco-based Digital Island is a provider of e-business networks. The company operates through four data centers located in Honolulu, London, New York City, and Santa Clara, California. It serves clients in 17 countries. Among the company's clients are Autodesk (Nasdaq: ADSK), Cisco Systems (Nasdaq: CSCO), ETrade (Nasdaq: EGRP), and National Semiconductor (NYSE: NSM). Handicappers expect the IPO to start trading at a premium of at least $3 a share. Juniper Networks provides Internet infrastructure solutions to ISPs and other telecommunications service providers. The company delivers next-generation Internet backbone routers for service provider networks. It is located in Mountain View, California. It's another hot IPO from Goldman Sachs; IPO traders look for the stock to open $3 a share or better. Ramp Networks, located in Santa Clara, California, provides Internet access solutions for the small-office market. The company's WebRamp allows multiple users in a small office to share the same Internet connection simultaneously. The concept is something like a telephone party line from the 1920s, now for the Internet. The IPO is hot, and some handicappers see an opening premium of $5 a share or better. TD Waterhouse is the second-largest discount broker in the world, with over 2.6 million customers, and it's the third-largest online discount brokerage. This is another very hot IPO, and experts see the shares trading up $5 a share and more.