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Biotech / Medical : CRYO-CELL (CCEL) -- Ignore unavailable to you. Want to Upgrade?

To: CUBBY who wrote (21)	11/3/1999 8:03:00 AM
From: GOLDFINGER	Respond to of 53

Cubby, On Aug. 20, 1999 announced that it had acquired Lamaze Publishing Company, Inc. in exchange for consideration consisting of approximately 1.7 million shares of iVillage Inc. common stock and approximately $5 million in cash and the repayment of indebtedness. As you probably know, Cryo-Cell has a long-term marketing agreement with Lamaze. One of our top-analists in Belgium is hinting now to a possible take-over of Cryo-Cell by iVillage. Because they paid a huge premium to acquire Lamaze, this analyst thinks that the same could be true for Cryo-Cell... This case is even more probable, because iVillage asked to sell 2.7 mln shares. The company said it hopes to raise $86.7 million from the offering, based on an average share price of $34.25. The offering would bring the total number of outstanding shares to nearly 29.5 million. With this new money, they can buy new promising companies, which are closely related to their business.... Regards, GF.