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Technology Stocks : Steven M. Samblis answers IPO questions direct -- Ignore unavailable to you. Want to Upgrade?

To: Bobbie Boucher who wrote (65)	4/10/2000 2:01:00 AM
From: Bobbie Boucher	Respond to of 127

Market Sees Netscape Most Savory IPO Since Boston Chicken 08/07/1995 Dow Jones News Service (Copyright (c) 1995, Dow Jones & Co., Inc.) NEW YORK -DJ- Netscape Communications Corp.'s hot initial offering is expected to be priced early this week, possibly tomorrow. Nothing else matters much. There are other good deals scheduled to come to market, but Netscape is viewed by many as the Boston Chicken Inc. (BOST) of 1995 and is likely to overshadow the other deals. 'Netscape is going to be a monster - probably one of the best new issues of the year,' said Steven Samblis , an analyst at Empire Financial Group in Longwood, Fla. 'I've got people calling me and saying, 'Is there any way I can get this?' It's almost impossible for a normal guy to receive an allocation of the new issue, but when the market opens, attack it.' The company is best known for Netscape Navigator, a point-and-click software package that helps users cruise the Internet. Many companies advise users clicking on their web sites that the information looks best if displayed with Netscape's software. Netscape plans to offer 3.5 million shares, including 500,000 to international investors, at $12 to $14 each through underwriters led by Morgan Stanley & Co. Netscape's products also allow individuals and organizations to exchange information and complete secure financial transactions over the Internet. The company's products include Netscape Commerce Server and Netscape Communications Server. Samblis said he expected Netscape's IPO to be priced at about $14 a share with the first trade at about 25. He estimated the stock will go to about 27 the first day and reach the high 30s within 10 days. 'Next to Spyglass, this is one of the most exciting new issues of the year,' he said. 'This is getting close to the light bulb in importance. Netscape allows a small businessman to have the same imformation in his hands as a big corporation so anybody can compete with anybody else. I think you'll see people continue to buy this stock.' Spyglass Inc. (SPYG) of Naperville, Ill., offers Enhanced Mosaic, another Internet browser. The company also offers Spyglass Server, a software product to manage and control access to information stored at individual web sites. On June 26, Spyglass priced 2 million shares at $17 each through underwriters led by Alex. Brown & Sons Inc. Price talk was $11 to $13 a share. The stock peaked at 45 3/8 and closed Friday at 43 1/4. In November 1993, Boston Chicken priced 1.9 million shares at $20 each through underwriters led by Merrill Lynch & Co. The stock opened at 45 1/2 and went as high as 51 on the first day of trading. Boston Chicken rivaled the performance of previous high fliers. In October 1980, Genetech Inc. (GNE) opened at 35 and closed at 71 1/4. Six years later, Home Shopping Network (HSN) shot to 42 5/8 from 18 in its first day of trading. (MORE) DOW JONES NEWS 08-07-95 10:06 AM

To: Bobbie Boucher who wrote (65)	4/10/2000 2:02:00 AM
From: Bobbie Boucher	Read Replies (1) \| Respond to of 127

Market Sees Netscape Most Savory IPO Since Boston Chicken 08/07/1995 Dow Jones News Service (Copyright (c) 1995, Dow Jones & Co., Inc.) NEW YORK -DJ- Netscape Communications Corp.'s hot initial offering is expected to be priced early this week, possibly tomorrow. Nothing else matters much. There are other good deals scheduled to come to market, but Netscape is viewed by many as the Boston Chicken Inc. (BOST) of 1995 and is likely to overshadow the other deals. 'Netscape is going to be a monster - probably one of the best new issues of the year,' said Steven Samblis , an analyst at Empire Financial Group in Longwood, Fla. 'I've got people calling me and saying, 'Is there any way I can get this?' It's almost impossible for a normal guy to receive an allocation of the new issue, but when the market opens, attack it.' The company is best known for Netscape Navigator, a point-and-click software package that helps users cruise the Internet. Many companies advise users clicking on their web sites that the information looks best if displayed with Netscape's software. Netscape plans to offer 3.5 million shares, including 500,000 to international investors, at $12 to $14 each through underwriters led by Morgan Stanley & Co. Netscape's products also allow individuals and organizations to exchange information and complete secure financial transactions over the Internet. The company's products include Netscape Commerce Server and Netscape Communications Server. Samblis said he expected Netscape's IPO to be priced at about $14 a share with the first trade at about 25. He estimated the stock will go to about 27 the first day and reach the high 30s within 10 days. 'Next to Spyglass, this is one of the most exciting new issues of the year,' he said. 'This is getting close to the light bulb in importance. Netscape allows a small businessman to have the same imformation in his hands as a big corporation so anybody can compete with anybody else. I think you'll see people continue to buy this stock.' Spyglass Inc. (SPYG) of Naperville, Ill., offers Enhanced Mosaic, another Internet browser. The company also offers Spyglass Server, a software product to manage and control access to information stored at individual web sites. On June 26, Spyglass priced 2 million shares at $17 each through underwriters led by Alex. Brown & Sons Inc. Price talk was $11 to $13 a share. The stock peaked at 45 3/8 and closed Friday at 43 1/4. In November 1993, Boston Chicken priced 1.9 million shares at $20 each through underwriters led by Merrill Lynch & Co. The stock opened at 45 1/2 and went as high as 51 on the first day of trading. Boston Chicken rivaled the performance of previous high fliers. In October 1980, Genetech Inc. (GNE) opened at 35 and closed at 71 1/4. Six years later, Home Shopping Network (HSN) shot to 42 5/8 from 18 in its first day of trading. (MORE) DOW JONES NEWS 08-07-95 10:06 AM

To: Bobbie Boucher who wrote (65)	4/10/2000 1:20:00 PM
From: Bobbie Boucher	Respond to of 127

Puma Technology Overshadows Weak Deals In IPO Market >PUMA 12/05/1996 Dow Jones News Service (Copyright (c) 1996, Dow Jones & Company, Inc.) NEW YORK (Dow Jones)--Software is still golden in the new-issues market. Puma Technology Inc. (PUMA) rewarded investors with a strong opening and at least one analyst believes it will have a strong run in the aftermarket. The company, based in San Jose, Calif., develops and markets mobile data exchange software that allows users to access, exchange and synchronize information stored on a variety of devices, including notebook and hand-held computers, personal electronic organizers, smart phones and smart pagers. The company priced 3.9 million shares, up from the originally planned 3 million, at $9.50 each through underwriters led by Deutsche Morgan Grenfell Inc. Price talk was $8 to $10. The stock opened at 12 1/2, rose to 13 1/4 and now trades at 12 1/4. Steven Samblis , president of Samblis Financial Corp. in Longwood, Fla., said the stock could trade in the 30s in 60 to 90 days. 'In a gold rush, the only sure way to to get rich is to sell picks and shovels,' he said. 'Puma is selling picks and shovels. This stock is as important as Netscape when it came out - and I mean that with fervor.' Samblis said Puma is just about the first to market with a synchronization product and doesn't face any real competition. It can sell to a broad range of hardware manufacturers. 'This is going to be huge,' he said. 'It's a present wrapped with a bow and when people open it and find out what's inside, they'll be all over it. The stock opened well and I think it will trade in a good range and then slow down. But in 60 to 90 days, it could be in the 30s.' But David Menlow, president of the IPO Financial Network in Springfield, N.J., was cool on the deal. 'I look at it and say, 'So what?' There's nothing compelling - no reason to believe the deal will be a success,' he said. The increased number of shares showed investors were interested in the deal, but pricing it below the top of the price talk range sent a mixed signal. 'I'm not sure why the stock was received as well as it was,' Menlow said. (MORE) DOW JONES NEWS 12-05-96 2:41 PM