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Strategies & Market Trends : MOVING NOW! -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (6722)	11/21/2000 8:42:16 AM
From: vagabond	Read Replies (1) \| Respond to of 8046

Today's IPO's (yes, some are actually set): AFOP at 11 (bottom range) IMTV at 11 (bottom of range) TKA at -- well, kinda confusing. Most sources show pricing as 15.27, others as half-that at 7.64 -- confusion is that the lower price is actually the cost-per-share (which is how it'll trade on the Vienna exchange), but on the NYSE it'll be trading as ADS's which equal two-shares each. So presumably the 15.27 is the price we should look-at, since that's the one the ADS's will be trading at here. FYI, note that there are 70 million "shares" in this offering -- which I think actually means 70 Million ADS's in this case, but I can't swear to that... Some sources show TEM also trading today (with no pricing yet), while others show it re-set for tomorrow instead... Vagabond