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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (82124)	2/8/2000 11:19:00 AM
From: Frederick Langford	Read Replies (1) \| Respond to of 120523

DSL.net, Inc. Announces Public Offering of Common Stock /FROM PR NEWSWIRE BOSTON 617-482-5355/ TO BUSINESS AND TECHNOLOGY EDITORS: DSL.net, Inc. Announces Public Offering of Common Stock NEW HAVEN, Conn., Feb. 8 /PRNewswire/ -- DSL.net, Inc. (Nasdaq: DSLN) announced today that it filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 5,000,000 shares of its Common Stock. The Company has also granted the underwriters of the public offering an option to purchase up to 750,000 additional shares of Common Stock to cover over-allotments, if any. All of the shares are being offered for sale by DSL.net. The offering will be sold through underwriters led by Deutsche Banc Alex. Brown, Donaldson, Lufkin & Jenrette, Lehman Brothers and CIBC World Markets. DSL.net intends to use the net proceeds from the offering to continue building its network and for working capital and other general corporate purposes. The Company may also use a portion of the net proceeds to acquire complementary businesses. A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. A copy of the preliminary prospectus may be obtained from the prospectus departments of: Deutsche Banc Alex. Brown One South Street Baltimore, MD 21202 (410) 727-1700 Donaldson, Lufkin & Jenrette 277 Park Avenue New York, NY 10172 (212) 892-3000 Lehman Brothers World Financial Center 200 Vesey Street New York, NY 10285 (212) 526-7000 CIBC World Markets 425 Lexington Avenue New York, NY 10017 (212) 667-7404 About DSL.net Based in New Haven, CT, DSL.net, Inc. is a high-speed data communications and Internet access provider that uses digital subscriber line technology to provide high-speed Internet access solutions to small- and medium-sized businesses, primarily in second and third tier cities throughout the United States. As of February 1, 2000, DSL.net had provided service or had installed equipment in more than 140 cities. SOURCE DSL.net, Inc. /CONTACT: investors, Robert Q. Berlin, CFO & VP, Strategic Planning ofDSL.net, Inc., 203-782-7627, or investor@dsl.net; or media, GregPeverill-Conti of Blanc and Otus, 617-262-6454, or gregpc@blancandotus.com,for DSL.net, Inc./ Feb-08-2000 15:42 GMT Symbols: US;DSLN Source PRN PR NewsWire Categories: NWR/CT NWI/CPR NWI/MLM NWI/TLS NWS/OFR