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Technology Stocks : QXL.Com (QXLC) - euro ebay? -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (12)	10/9/1999 12:54:00 PM
From: blankmind	Read Replies (1) \| Respond to of 306

from the register (english paper) Posted 07/10/99 11:13am by Drew Cullen QXL eight times oversubscribed QXL has struck its IPO share price at 195p -- at the top end of the indicative range -- after its offering was oversubscribed 8 times. This gives the online auction house a market cap of œ263 million when shares start trading today on the London Stock Exchange and Nasdaq. The company is raising œ54.6 million in new money ( before expenses), with British retail investors each receiving 256 shares. And fair play to the "suppliers and friends of QXL.com", who accepted QXL paper, instead of hard cash. They now divvy up one million shares between them. © theregister.co.uk