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Technology Stocks : Sequoia Software Corp. (SQSW) -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (13)	5/8/2000 11:51:00 PM
From: Glenn Petersen	Respond to of 102

SQSW seems determined to get this offering done, regardless of market conditions. I think that there are two reasons for their rush. One, they had a little less than $11 million in cash at year end. My guess is that they have burned through $4 to $5 million since the beginning of the year. Secondly, if they don't complete the IPO by May 15, their numbers will become "stale" and they will have to file another amendment with the first quarter numbers. If the IPO is a bust, it may present a major buying opportunity.

To: Big Dog who wrote (13)	5/11/2000 11:49:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 102

SQSW priced at $8 per share: biz.yahoo.com Thursday May 11, 6:40 pm Eastern Time IPO PRICING - Sequoia prices at $8 per share NEW YORK, May 11 (Reuters)-Company NameSequoia Software Corp (NasdaqNM:SQSW - news) Priced At $8 Estimated Pricing Range $8-$10 Number of Shares 4.2 mln Lead Underwriter Lehman Brothers NOTE: The price band for Sequoia's deal fell from $11 to $13 per share on April 14. The Columbia, Md.-based company makes Internet portal software that sales representatives can use to keep better informed about their customers.