SI
SI
discoversearch

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 : divine interVentures, Inc. (DVIN) -- Ignore unavailable to you. Want to Upgrade?


To: LOGAN12 who wrote (50)2/25/2000 1:12:00 AM
From: Edwin S. Fujinaka  Read Replies (2) | Respond to of 246
 
I don't have any more information on the date of the IPO, but I think that the price range was posted earlier and was released as part of a press release on February 14th. I'm not sure that the $6-$8 range is firm yet. The original WEBM IPO was supposed to come out at $11 to $13 if I recall correctly. It actually came out at $35 and the next day (the first trading day) it went to over $200. I think it peaked at around $300/share a couple of days later and has since fallen back a little. I don't expect DVIN to match that kind of performance, but I would be surprised if it didn't have a nice pop on trading day one.

Can you say who told you that March 27 was the ipo day? Are you in line to get any? The Schwab guys thought they might have a shot if Credit Suisse was an underwriter, but I don't see anything at the Schwab IPO site yet. Anyway, Schwab sucks as far as IPOs are concerned.