Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : United Parcel Service Inc-(UPS) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (66)	11/5/1999 5:59:00 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 368

Yes, it was 47 to 49. ******************************** (From Yahoo news ...) Friday November 5, 5:42 pm Eastern Time United Parcel Svce IPO range raised to $47-49/shr WASHINGTON, Nov 5 (Reuters) - The projected price range for United Parcel Service Inc.'s initial public public offering of 109.4 million class B common shares was raised to $47-49 per share from $36-42 per share, the company said on Friday. In what is likely to be the biggest U.S. IPO ever, UPS, the world's largest package deliverer, said it could reap $5.058 billion in net proceeds based on the middle of the range. That would easily surpass the U.S. record of $3.96 billion set by Conoco Inc.'s (NYSE:COCa - news) IPO in October of 1998. Atlanta-based UPS disclosed the higher price range in a filing with the Securities and Exchange Commission.