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Technology Stocks : Buying IPOs on the open market -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (3902)	10/25/1999 7:51:00 PM
From: puborectalis	Respond to of 5529

Just got my AETH prospectus.....3COM(10.1%),NexGen Technologies(26.1%),Pyramid Ventures(7.7%),Reuters(10.9%),Telcom-ATI Investors(19.8%).....we're in good hands!

To: 2MAR$ who wrote (3902)	10/26/1999 9:06:00 AM
From: Mr. Big	Read Replies (1) \| Respond to of 5529

NAVI with MSFT DELL & CMGI in their back pocket could run more today.

To: 2MAR$ who wrote (3902)	10/26/1999 11:38:00 AM
From: Kimberly Lee	Read Replies (4) \| Respond to of 5529

Notable IPO of the day, Viador Inc (VIAD) Offering: 4M Price: $9 Business and technology: Provider of Internet software that enables businesses to create enterprise information portals. Viador's E-Portal software enables companies to create portals, similar to popular consumer portals, but geared to corporate use. Such portals gather, organize, and store information from within and outside a corporation; they also enable e-commerce. A Web browser interface provides a personalized access point. Viador's products incorporate a client's existing systems and intranet. The company also offers consulting, training, and customer support Clients: Extremely impressive client lists, including AMZN, IRS, 3M, AT&T, IBM, Lucent and just about everyone in Fortune 500. See this link for a enviable client list for VIAD - viador.com Competitors: Portal Software (PRSF), Breakaway Solutions (BWAY) - very strong subsector Underwriting team: Bear Stearns, CIBC, Piper and Eoffering - a fairly strong team for a $9 IPO Strategic alliances: strong working alliance with HWP and good relationship with IBM viador.com , viador.com Expectation: This is another play on the Internet infrastructure sector. Financials look good with revenues roughly doubling in each of the past 3 years. Bear prices VIAD at $9, at the low end of the range, reminding me of NTRO, which Merrill unwittingly priced it at $8 a share, and the stock nearly tripled the first day. For a net infrastructure stock with consistently impressive revenues growth and an arguably highly enviable client list, VIAD is huge bargain at the offering price and a decent bargain under $15 in the aftermarket. As well, the fact that VIAD's two main competitors, Breakaway and Portal Software, are trading in the high 40s to 60s certainly don't hurt. Finally, the post offering outstanding shares will only be 15.9M, giving the company a market cap of 142.7M (computed at the offering price), another attractive feature.