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Technology Stocks : Liquid Audio Inc - (Nasdaq- LQID) -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (252)	7/20/1999 1:44:00 PM
From: Frank Chu	Read Replies (1) \| Respond to of 674

LQID is definitely under valued at current price! News from: cnnfn.com NEW YORK (CNNfn) - MP3.com Tuesday raised its initial public offering price for the second time this month, indicating interest in the online music provider continues to soar. The company, slated to go public later this week, now expects to price its offering of 12.3 million shares within a range of $24 to $26, the company said in a filing with the U.S. Securities and Exchange Commission. That range values the Internet company at a high of $1.73 billion, given the 66.6 million shares MP3.com will have outstanding following the offering. Earlier this month, MP3.com raised its range to $16 to $18, nearly doubling its original target price of $9 to $11. .... The IPO will give mp3.com a market capitalization of at least 1.7billions(66.6m shares x $26), while the cap of LQID is less than 1/3 of which(18m shares x current low price of LQID). Both company is similar in size, with LQID edging ahead both in revenue and losses. Let's wait for it to jump!