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.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (49620)	12/22/1999 11:45:00 AM
From: hotlinktuna	Read Replies (2) \| Respond to of 108040

good chance 6 3/4 won't be the top for INTA...my guess 7 1/2 to 8 today.....tuna

To: KevinMark who wrote (49620)	12/22/1999 11:46:00 AM
From: Raj Ramaswamy	Respond to of 108040

Very impressive...on INTA... DECEMBER 22, 1999 IPO Filed By Intasys Incubator's First Investment MONTREAL, QUEBEC--Intasys Corporation (Nasdaq: INTA) today announced that interWAVE Communications International Ltd. (''interWAVE'') has filed a registration statement with the Securities and Exchange Commission for an initial public offering of shares from the treasury of company. The shares have been approved, subject to notice of issuance, for quotation on the Nasdaq National Market under the symbol: IWAV. On August 30, 1999 Intasys announced that its incubator division, recently created in order to provide investment capital and management counsel to cutting-edge Internet, e-commerce and wireless telecommunications ventures, had invested US $5.05 million in interWAVE. Pursuant to this investment Intasys acquired 715,000 preferred shares (each convertible into one common share) and common share purchase warrants which entitle Intasys to purchase a further 715,000 common shares at $1 each. Under the terms of the registration statement filed, interWAVE expects to raise a maximum aggregate amount of $86,250,000 by selling 7.5 million shares. The lead underwriters for the IPO are Salomon Smith Barney Inc., Banc of America Securities LLC and SG Cowen Securities Corporation. Current interWAVE shareholders include such major telecommunication companies as Nortel Networks Corporation and Alcatel USA, a unit of Alcatel Alsthom Cie Generale d'Electricite. interWAVE is a provider of compact wireless communications systems based upon GSM, an international standard for voice and data communications. interWAVE has pioneered what it believes to be the only commercially available system that provides all of the infrastructure equipment and software necessary to support an entire wireless network within a single enclosure. The company's products are marketed globally through strategic relationships with Alcatel and Nortel.