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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?


To: drakes353 who wrote (844)7/30/1999 1:45:00 AM
From: Brian  Read Replies (1) | Respond to of 954
 
drakes353, I know that NTOP was delayed for a bit, but I would say that today's IPO was hot, priced at 15 and closed the day at 26 9/16

The parent company IDTC owns 27.8 million shares of NTOP, which based on NTOP closing price would be valued at 738.4 million dollars.

What I find intriguing is that the current market cap of IDTC is only 444.7 million. Either NTOP is way overvalued, or IDTC (excluding its NTOP shares) is a liability of 293.7 million. You were so kind to explain this discrepancy with FIBR, could you explain why these numbers don't seem to add up with IDTC.

Brian



To: drakes353 who wrote (844)9/16/1999 2:11:00 AM
From: Brian  Read Replies (2) | Respond to of 954
 
drakes353:
Well, knock me over with a feather, even though it was delayed for month NSIL was a "HOT" IPO after all.

priced at $7 closed at $12.375 for a nice 76.8% gain on a terrible day for the markets.

don't say I didn't try to tell you about it.
Message 10694239

Message 10697913

Brian



To: drakes353 who wrote (844)9/16/1999 7:54:00 AM
From: xcr600  Read Replies (1) | Respond to of 954
 
Any idea when the PRFM spinoff is?

thanks