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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (9558)	7/13/1999 12:40:00 PM
From: Sarkie	Respond to of 28311

Did everyone see this news on CommTouch IPO? beta.siliconinvestor.com CommTouch jumps 25 percent to $20 after IPO NEW YORK, July 13 (Reuters) - Shares of CommTouch Software Ltd., which provides outsource e-mail and messaging products, jumped 25 percent Tuesday to $20 shortly upon debut following its $16 a share initial public offering. The Santa Clara, Calif.-based company, which provides offerings such as Web-based e-mail, had three million shares priced in the middle of its expected range of $15 to $17 through underwriters led by Piper Jaffray. Other e-mail outsourcing companies have received a warm welcome from investors. Critical Path Inc. (NASDAQ: CPTH), which went public in May at $24, was last trading at $48. CommTouch was able to jump upon its debut even though Internet stocks were under pressure. TheStreet.com index of 20 Internet stocks was down 0.60 percent to 114.53. In June, Go2Net Inc. (NASDAQ: GNET) and Vulcan Ventures Inc. said they planned to invest $20 million in CommTocuh. CommTouch was last trading up 3-3/4 to 19-3/4. Engineering, consulting and technical services firm Keith Cos. Inc. (NASDAQ: TKCI) also debuted this morning, trading flat at its offering price of $9. It offered 1.5 million shares through Wedbush Morgan Securities