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

To: Jenna who wrote (91059)	3/31/2000 1:12:00 PM
From: Frederick Langford	Respond to of 120523

BWAY Probable Short April 2, 27,538,594 shares come out of lockup. They also announced a secondary: Breakaway Solutions, Inc. Files Registration Statement for Public Offering /FROM PR NEWSWIRE BOSTON 617-482-5355/ TO BUSINESS AND TECHNOLOGY EDITORS: Breakaway Solutions, Inc. Files Registration Statement for Public Offering BOSTON, March 29 /PRNewswire/ -- Breakaway Solutions, Inc. (Nasdaq: BWAY), a leading Full Service Provider (FSP) of integrated strategy, e-business implementation, and application hosting solutions for growing enterprises, today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed offering of 3,000,000 shares of its Common Stock. Of the total shares being offered, 1,800,000 shares will be offered by the Company and 1,200,000 shares will be offered by certain stockholders of the Company. In addition, the underwriters will be granted an option from the Company and certain of the selling stockholders to purchase up to 450,000 additional shares to cover over allotments, if any. The offering is being lead managed by Morgan Stanley Dean Witter, and co-managed by Lehman Brothers, Dain Rauscher Wessels, Donaldson, Lufkin and Jenrette, Robert W. Baird and Company, and C. E. Unterberg Towbin Also was listed on Barrons Burn list, albeit #153. Not profitable Fred