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Technology Stocks : Active Software Inc (ASWX) -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (20)	8/14/1999 6:44:00 PM
From: Srinivasan Balasubramanian	Respond to of 105

From WSJ Active Software Active Software Inc.'s shares opened at their $11-a-share offering price and closed hands at $14, a 27% premium to the offering price. The shares were priced in the middle of the expected $10 to $12 range. Underwriters were led by Goldman Sachs & Co. Founded in 1995 by two former Sun Microsystems Inc. engineers, the Santa Clara, Calif., company makes so-called middleware business-integration software enabling companies to exchange information over the Internet or extranets by making incompatible applications talk to one another. Active's competitors include firms like CrossWorlds Software Inc., International Business Machines Corp. and Tibco Software Inc., which held a highly successful IPO in July. Like most start-ups, Active is still posting red ink. For fiscal 1998, the firm had a net loss of $9.9 million, or $3.21 a share, on revenue of $7.6 million. For the six months ended June 30, Active posted a new loss of $5.3 million, on sales of $8.7 million.

To: $Mogul who wrote (20)	8/15/1999 6:39:00 PM
From: $Mogul	Read Replies (1) \| Respond to of 105

STATEMENT FROM SEC FILING: We are a leading provider of eBusiness integration software. We excel at enabling companies to conduct their businesses electronically through the use of Internet or other networking technologies, thereby empowering them to operate as eBusinesses. Our customers can use our software platform to take advantage of their long-term investments in applications, systems and technologies by providing seamless integration of incompatible software applications across their extended enterprises of customers, suppliers and partners. Our software has been licensed across multiple industries to over 100 customers, including Boeing, Cisco Systems, Federal Express, Hewlett-Packard, Starbucks and the U.S. Department of Defense. We believe that our software platform, the ActiveWorks Integration System, provides significant business benefits to our customers by allowing them to bring their products and services to market faster, and respond more quickly and at a lower cost to the evolving needs of their extended enterprises.