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To: pallmer who wrote (22210)	7/28/2000 11:19:28 AM
From: pallmer	Respond to of 77509

Pour ceux qui suivent le IPO de CORV. DJ Corvis 31.6M Shrs -2: Offering Increased From 27.5M Shrs NEW YORK (Dow Jones)--An initial offering of 31.6 million common shares of Corvis Corp. (CORV) was priced at $36 each through underwriters led by Credit Suisse First Boston. The company had expected the shares to be offered at $28 to $30 each. The size of the offering was increased from the originally planned 27.5 million shares, which were expected to be offered at $13 to $15 each. Gross spread is $2.52, selling concession is $1.52 and reallowance is 10 cents. Delivery is scheduled for Aug. 2. The company plans to use the proceeds for working capital and general corporate purposes. Corvis, Columbia, Md., designs, manufactures and markets products that enable a shift in the design of backbone networks by allowing for the transmission, switching and management of communications traffic entirely in the optical domain. (END) DOW JONES NEWS 07-28-00 11:08 AM- - 11 08 AM EDT 07-28-00 Jul-28-2000 15:09 GMT Symbols: US;CORV