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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (13255)	11/3/1999 5:52:00 PM
From: SSP	Read Replies (2) \| Respond to of 150070

The Lists, goldenlists.com - removed YNOTD - impact date today! Please review the about goldenlists page www3.sympatico.ca

To: SSP who wrote (13255)	11/4/1999 2:33:00 AM
From: Jim Bishop	Read Replies (3) \| Respond to of 150070

Do u use McAfee? I do. Greenshoe? I wish I had Metals money, to play this one. McAfee.com sets 6.25-mln-share IPO at $6-8/share WASHINGTON, Nov 3 (Reuters) - McAfee.com Corp. said on Wednesday it plans to sell 6.25 million shares in a projected range of $6 to $8 per share in its initial public offering, according to a Securities and Exchange Commission filing. The company, based in Santa Clara, Calif., provides computer virus protection kits as well as other security and management products and services for personal computers through its Web site -- mcafee.com. McAfee.com, a wholly-owned subsidiary of Network Associates Inc.(NasdaqNM:NETA - news), has applied to sell its shares on Nasdaq under the symbol ''MCAF.'' The company plans to use the net proceeds from the IPO -- an estimated $39.6 million based on a price of $7 per share -- to boost working capital for general corporate purposes. After the IPO, there will be about 42.2 million shares outstanding in the company. That will result in a market value of about $296 million, based on an IPO price of $7 per share. The company had $16.1 million in net revenue during the nine months ending Sept. 30 and posted $21.8 million in net losses, its amended prospectus said. The underwriters -- Morgan Stanley Dean Witter, Hambrecht & Quist and Robertson Stephens -- have been granted an option, known as a greenshoe, to purchase another 937,500 shares in the event of heavy demand.