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To: If only I'd held who wrote (1223)	6/21/2000 3:15:00 PM
From: Marshall001	Read Replies (1) \| Respond to of 3326

Greg.. GSCO getting aggressive on REDF in the last 1/2 hour.. Intraday chart is starting to ramp up.. Do you still own this one? I only have 150. Looking for 50% or near 30 by end of QP and possibly sooner. Only based on the past performances of recent IPO's.. M

To: If only I'd held who wrote (1223)	6/21/2000 3:25:00 PM
From: Manny	Respond to of 3326

New Indian IPO "SLT" Silverline Technologies IPOed yest with very little fanfare. No news about its IPO on any IPO site. I think SLT is good company. Once traders discover it, it will run up. Ben Holmes likes it and compares it with INFY... cbs.marketwatch.com. Silverline Technologies debuting Corvis sets terms of $385 million legacy By Steve Gelsi, CBS.MarketWatch.com Last Update: 4:58 PM ET Jun 19, 2000 NewsWatch Latest headlines NEW YORK (CBS.MW) - An overseas initial public offering from Silverline Technologies is expected to debut on Tuesday in what may be a busy week for the new issues market. Silverline (SLT: news, msgs) will likely open its U.S.-listed shares on the New York Stock Exchange. The stock will most likely trade near its Monday closing price in India of about $14 a share. Two overseas shares equal one U.S.-listed share. The Bombay, India technology services firm will be the second from the country to go public in a week. Rediff.com (REDF: news, msgs) kicked off with a hefty premium. Ben Holmes of IPO Pros compared Silverline to IPO darling Infosys Technologies (INFY: news, msgs), an India-based software firm and last year's leader among shares of a foreign company to debut in the U.S. It kicked off at $34 a share and is now at about 180. Silver line's IPO will consist of $125 million of shares, with proceeds slated for capital expenditures. Salomon Smith Barney, ABN Amro Rothschild and Jefferies & Co. are underwriters on the deal in the U.S.