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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ) -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (239)2/13/2000 6:34:00 PM
From: White Shoes  Read Replies (2) | Respond to of 838
 
I don't really know what to think about stock prices, but again I caution that a short squeeze is at their disposal anytime due to the ludicrously strong brand they have. If and when they want, they can come out with a press release per week in association with their many blue chip corporate clients. Add a few "strong buys" and look out above.

I should hope the stock would have dropped like a stone, the way they are spreading it around lately. I expect that to continue.



To: Dale Baker who wrote (239)2/16/2000 9:40:00 AM
From: StockDung  Respond to of 838
 
Ask Jeeves, Investors File With SEC to Sell $150 Mln of Stock


Emeryville, California, Feb. 16 (Bloomberg) -- Ask Jeeves Inc. said the company filed with the U.S. Securities and Exchange Commission for the sale of $150 million of shares by the Internet question-and-answer service and investors, after an almost six- fold increase in its share price since July.

About $100 million of shares will be sold by Ask Jeeves and $50 million will be offered by investors.

Goldman, Sachs Group Inc., BankBoston Corp.'s BancBoston Robertson Stephens, Chase Manhattan Corp. and U.S. Bancorp Piper Jaffray Inc. are the offering's underwriters.

Ask Jeeves went public July 1, selling shares at $14. Shares fell 1 3/8 to 82 1/2 yesterday.

Ask Jeeves simplifies Web searches by letting people ask questions like ''Is it raining in Paris'' and ''Where can I comparison shop for cameras'', and giving them relevant Internet destinations.

Feb/16/2000 8:30

For more stories from Bloomberg News, click here.

(C) Copyright 2000 Bloomberg L.P.



To: Dale Baker who wrote (239)2/22/2000 11:40:00 AM
From: StockDung  Read Replies (2) | Respond to of 838
 
The latest company to take a hit on a follow-on offering is smart-search site Ask Jeeves (ASKJ:Nasdaq - news - boards), which saw its stock plunge almost 15% in the two days since filing Wednesday to hold a follow-on offering of $150 million worth of stock. About one-third of that total is being sold by insiders.

rd.yahoo.com*http://www.thestreet.com/_yahoo/stocks/brokerages/887100.html