To: Tim Luke who wrote (62458 ) 9/24/1999 9:32:00 AM From: kathyh Read Replies (2) | Respond to of 90042
a few to watch this am... (if we can take our eyes off of cs... lol) cmtn given srtrong buy rating ... piper mspg... outperform by msdw... 38 target elnk... outperform msdw... 74 target nzro... goldman sachs ipo...NetZero Announces Initial Public Offering of 10 Million Shares of Common Stock at $16 per Share; New Issue to Trade on NASDAQ Business Wire - September 24, 1999 08:18 Jump to first matched term WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Sept. 24, 1999-- NetZero Inc. (NASDAQ:NZRO) announced today the pricing of an initial public offering of 10 million shares of its common stock, all of which are being issued and sold by the company, at an initial public offering price of $16 per share. In addition, the company has granted the underwriters an option to purchase up to an additional 1.5 million shares of common stock from NetZero. The common stock will trade on the NASDAQ National Market under the symbol "NZRO." The offering is being made through an underwriting group managed by Goldman Sachs & Co.; Donaldson, Lufkin & Jenrette; Hambrecht & Quist; and Wit Capital. The prospectus relating to these securities may be obtained from the prospectus department of any of the above underwriters. NetZero Inc. is pioneering a new Internet service model that provides consumers with free access to the Internet while offering online advertisers a highly effective way to target those users. NetZero offers consumers free and unlimited Internet access as well as free e-mail and navigational tools. For advertisers, the service offers a powerful online direct marketing tool with features and functionality that have distinct advantages over traditional forms of online advertising. Between NetZero's October 1998 launch and August 31, 1999, approximately 1.68 million users registered for its service. NetZero's services are offered in over 1,600 cities nationwide. CONTACT: NetZero Inc., Westlake Village Melissa Robinson, 805/418-2370 melissar@corp.netzero.net or Golin/Harris International, New York 212/697-9191 Allan Jordan, ajordan@golinharris.com Susan Burns, sburns@golinharris.com