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To: H James Morris who wrote (98491)4/3/2000 2:48:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Why LSI and AMD? I dunno -- just like them :)



To: H James Morris who wrote (98491)4/3/2000 2:50:00 PM
From: Chung Lee  Read Replies (2) | Respond to of 164684
 
Is Akamai a Hawaiian word for "crap"? AKAM -31 ouch



To: H James Morris who wrote (98491)4/3/2000 3:04:00 PM
From: gladman  Read Replies (1) | Respond to of 164684
 
VNTR - what's your take on the convertibles sale with VNTR/MSDW? The discounted value is compelling, at least for a short term bounce.

U like RHAT as a sympathy tomorrow?

>>NEW YORK, March 29 (Reuters) - Ventro Corp. (NasdaqNM:VNTR - news), a Mountain View, Calif.-based operator of a business-to-business electronic commerce marketplace, late Tuesday said it publicly sold $250 million of seven-year convertible subordinated notes.

Ventro said it reduced the size of the deal from $300 million, and also called off a planned sale of 1.825 million shares of common stock, because of market conditions.

Neither Ventro nor Morgan Stanley, Dean Witter & Co., which led the bond sale, was available to confirm pricing details of the bond sale.

International Insider, a pricing information service, said on Wednesday that the notes, which have a $37.5 million overallotment option, carry a 6 percent coupon and are convertible into Ventro common stock at $90.78. That's a 15 percent premium over the stock's Tuesday closing price on Nasdaq of 79.

Ventro said in a filing with the U.S. Securities and Exchange Commission it intends to use proceeds for general corporate purposes, including working capital to fund expected operating losses, advertising and other marketing expenses, and capital expenditures.