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Technology Stocks : Internet Capital Group Inc. (ICGE) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Kim who wrote (662)	10/7/1999 3:54:00 PM
From: prolific	Read Replies (1) \| Respond to of 4187

2nd ICGE company went public yesterday. It went from 14 to 42. ICGE owns 41. I can't believe this wasn't posted earlier. Breakaway Solutions' Initial Public Offering of 3,000,000 Shares <BWAY.O> Breakaway Solutions' Initial Public Offering of 3,000,000 Shares Priced At $14.00 Per Share BOSTON--(BUSINESS WIRE)--Oct. 5, 1999--Breakaway Solutions, Inc. (NASDAQ-NM:BWAY) announced today the initial public offering of its common stock on the Nasdaq National Market under the trading symbol BWAY. The initial public offering price of the 3,000,000 shares offered by Breakaway Solutions, Inc. was priced at $14.00 per share by the managing underwriters led by Morgan Stanley Dean Witter, with Lehman Brothers and Deutsche Bank Alex. Brown acting as co-managers. The Company has granted the underwriters options to purchase an aggregate of up to 450,000 additional ordinary shares to cover over allotments, if any. About Breakaway Solutions: Breakaway Solutions Inc. is a Full Service Provider (FSP) of e-business solutions that allow growing enterprises to capitalize on the power of the Internet to reach and support customers and markets. As an application service provider (ASP), systems integrator and consulting firm, Breakaway Solutions offers four key services to its clients: Breakaway strategy solutions, Breakaway Internet solutions, Breakaway customer relationship management solutions for the Internet and Breakaway application hosting. Headquartered in Boston, MA., Breakaway Solutions has seven regional offices and three Internet solutions centers in the U.S., along with 10 application hosting facilities in North America, Europe, Asia and Australia. Breakaway Solutions can be reached at 800-925-7100 or at www.breakaway.com. A written prospectus with respect to this offering may be obtained from Morgan Stanley Dean Witter, 1585 Broadway, New York, NY 10036; Lehman Brothers, 3 World Financial Center, 17th Floor, New York, NY 10285; or Deutsche Bank Alex. Brown, One South Street, Baltimore, MD 21201. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.