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


To: Edwin S. Fujinaka who wrote (60)3/3/2000 1:57:00 AM
From: high.hopes  Read Replies (1) | Respond to of 246
 
Albeit a bit dated, I found something nontrivial. Please make sure I'm down for the 100 ipo shares! George its a wonderful idea - will make you famous and us a bit richer.

Divine InterVentures Expects IPO to Raise $460 Mln
Paper Says
By John Stebbins

Chicago, Feb. 28 (Bloomberg) -- Divine interVentures inc., a
Lisle, Illinois-based Internet company, expects to raise
$460 million when it goes public the week of March 27, up from
initial estimates of about $250 million, the Chicago Sun-Times
reported. The offering is expected to be 57.5 million shares
priced at as much as $8 a share, with founding insiders
controlling 56 percent of the voting power in the company. Divine
plans to use the proceeds to invest in and develop Internet
business-to-business companies, the Sun-Times reported.

The suburban-Chicago company hired Donaldson, Lufkin &
Jenrette to underwrite the offering with Bear, Stearns & Co.;
Robertson Stephens; William Blair & Co. and DLJdirect Inc., and
plans to trade on Nasdaq using the symbol ``DVIN.'

(Chicago Sun-Times 2/28 44)

For the Chicago Sun-Times Web site, type CGST .



To: Edwin S. Fujinaka who wrote (60)3/5/2000 9:35:00 PM
From: astyanax  Read Replies (1) | Respond to of 246
 
boy, Edwin, you and high.hopes are a real trip. giving shares out to posters? c'mon, IPO shares are serious currency, you can't just hand 'em out like candy.

if you're interested in the idea, you can email DVIN. Better yet, this is the kind of thing to email SI about. Why? Because SI is a dying and mismanaged community (don't get me started), so they have much more at stake here with such a proposition.

funny idea, kinda like throwing bloody meat into a pool of sharks. though personally, i would be quick to resign my job before even considering accepting shares as an incentive to post, no way. it would be an incentive for me to stop posting. though i can see why you guys are enthusiastic about the idea. i don't know about divine, but this is the kind of thing I can imagine idealab! doing for their IPO, knowing that bill gross character.

by the way, this is a fun board. as many of you know (some of you seem to be transient board members like me) i like to post a lot to a community of maybe 10 or less posters about a stock that i believe will rock the world. then it goes public, the boards are swamped with daytraders who are flipping IPO allocations and posting with lack of insight, and then i move on. good to see glenn petersen has cleared a path for me on the sequoia software board, my nomad self will squat a homestead for myself there soon...

- Netconductor.com, charter member of the IPO-disenfranchised

>>edwin fujinaka wrote: (and high.hopes supported)
I think someone ought to mention this SI Board to the Company and suggest that they earmark some shares to be directed to the people who post to a topic before the IPO. This would create a buzz on these boards and you would see all sorts of pre IPO boards with a lot of commentary very early. That would be a PR bombshell. George, how about that as a suggestion to Filipowski? How about 100 shares for each nontrivial post?