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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Caxton Rhodes who wrote (9299)	10/28/1999 12:18:00 PM
From: ecommerceman	Read Replies (1) \| Respond to of 11417

For whatever it's worth... October 28, 1999 Intertrust's Stock Soars in Trading Debut By DOW JONES n a session at which investors seemed eager to pour money into new technology issues, shares in the Intertrust Technologies Corporation tripled their offering price in trading Wednesday. Shares in the company, which is based in Santa Clara, Calif., closed at $54.375, more than three times the offering price of $18 set late Tuesday. Intertrust makes systems for digital-rights management, which helps prevent the unauthorized use of files that are digitally transmitted. There had been strong prepricing demand for the offering. Recently, price estimates on the deal -- which was led by Credit Suisse First Boston -- were raised to a range of $15 to $17 a share from $12 to $14. Intertrust was one of several new technology issues to price ahead of expectations.