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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (17990)	7/24/1999 7:01:00 AM
From: Softechie	Respond to of 56535

IONN. Found this on Edgar database. I feel much confident on this stock in going higher. During the period June 1, 1999 through June 30, 1999 the following funds acquired common stock and warrants in a private placement. SSF III : purchased 437,500 shares of common stock, 109,375 warrants exercisable at $4.50 expiring 6/7/02 and 109,375 warrants exercisable at $ 6 expiring 6/7/02. CAY : purchased 145,833 shares of common stock, 36,458 warrants exercisable at $4.50 expiring 6/7/02 and 36,458 warrants exercisable at $ 6 expiring 6/7/02. SSPE: purchased 333,333 shares of common stock, 83,333 warrants exercisable at $4.50 expiring 6/7/02 and 83,333 warrants exercisable at $ 6 expiring 6/7/02. SST : purchase 83,334 shares of common stock, 20,834 warrants exercisable at $4.50 expiring 6/7/02 and 20,834 warrants exercisable at $ 6 expiring 6/7/02. Good Luck

To: Trader J who wrote (17990)	7/24/1999 2:38:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56535

any opinions on VRSA ipo'd without fanfare,looking cheap--a Dutch Telecom company Versatel Telecommunications.Max

To: Trader J who wrote (17990)	7/25/1999 12:19:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56535

some paradyne stuff,for those wondeing what is this company-- IPO Gives Largo, Fla.-Based Telecom Firm Paradyne Networks A Big Boost Cherie Jacobs Lane 07/17/1999 KRTBN Knight-Ridder Tribune Business News: Tampa Tribune, Fla Copyright (C) 1999 KRTBN Knight Ridder Tribune Business News; Source: World Reporter (TM) Todd Koffman enjoys his job, marketing stocks for Raymond James & Associates. Especially when he has a deal like Paradyne Networks Inc. to work with. Koffman, vice president of equity research for St. Petersburg-based Raymond James, watched shares of Paradyne rocket Friday from the $17 offering price to $55.50. "It doesn't get much better than this in my line of work," said Koffman, whose company helped underwrite the deal. "It's a uniquely positioned company in one of the hottest areas of telecommunications equipment." In its return to public trading, the Largo-based telecommunications company raised $102 million Friday by selling 6 million shares at $17. The company remains controlled by Fort Worth, Texas-based Texas Pacific Group, which was to keep a majority stake in the offering, with roughly half the shares. Paradyne makes software and equipment that enables computers to talk to each other at high speeds. One IPO researcher said Paradyne's run-up reflects a larger trend: The hype over dot.com stocks is fading, in favor of companies that build equipment and systems allowing people access to the Internet. "Right now in the initial public offering market, one of the strongest segments is the networking sector. Paradyne fits right into that sector," said Irv DeGraw, research director for WorldFinanceNet.com, formerly called Stockstowatch.com. "We knew right away it was going to be an explosive hit." Two other networking companies had IPOs this week. Ravisent, a small deal offered Friday, rose from $12 to close at $17.63. Efficient Networks, which went public Thursday, was offered at $15 a share and closed Friday at $58.69. Paradyne's offering was underwritten by Donaldson, Lufkin & Jenrette, BancBoston Robertson Stephens, Dain Rauscher Wessels and Raymond James. "It was pretty exciting," said Lesley Bateman, spokeswoman for Paradyne. "It was nice to see the way we were received in the market today." The money will be used for company operations, though officials have no specific plans yet, Bateman said. Paradyne, renowned for its leading-edge technological developments in modems, was among the first to develop digital subscriber line technology. That eliminated the need to lay fiber-optic cable to every home -- a costly endeavor once thought necessary to make fast access possible. Paradyne lost $3.6 million in 1998 on revenue of $198.8 million. About 700 of its employees work in Pinellas County. The company was founded in 1969, acquired by AT&T in 1989 and spun out of AT&T as part of Lucent Technologies in 1996. That year, a limited partnership controlled by the Texas Pacific Group acquired Paradyne and took the company private. "In addition to this being a hot sector, when I look at Paradyne, I'm looking at a company that has a brand, that has a reputation," DeGraw said. Though the company has grown at about 9.7 percent, which DeGraw calls slow, he expects that to change with the money the company raised Friday.