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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?

To: Bald Man from Mars who wrote (9342)	11/21/2000 10:08:22 PM
From: 4 - Bob	Read Replies (1) \| Respond to of 10270

BMFM, you are right, the total share distribution of AFOP was 4,500,000, however in their 424B4 filing today, no number of shares breakdown was given for the U.S. Underwriting Team. It look like 4,050,000 went to the U.S. underwriters and 450,000 went to the International (managers) Underwriters 4,050,000 shares to U.S. Underwriters: - Merrill Lynch - Pierce, Fenner & Smith Incorporated - U.S. Bancorp Piper Jaffray Inc. - Wit SoundView Corporation - SG Cowen Securities Corporation 450,000 shares to International Managers: - Merrill Lynch International - U.S. Bancorp Piper Jaffray Inc. - Wit SoundView Corporation - SG Securities (HK) Limited ------------------------------------------- 4,500,000 total shares This is taken from their filing today << UNDERWRITING We intend to offer the shares outside the U.S. and Canada through the international managers and in the U.S. and Canada through the U.S. underwriters. Merrill Lynch International, U.S. Bancorp Piper Jaffray Inc., Wit SoundView Corporation and SG Securities (HK) Limited, are acting as lead managers for the international managers named below. Subject to the terms and conditions described in an international purchase agreement between us and the international managers, and concurrently with the sale of 4,050,000 shares to the U.S. underwriters, we have agreed to sell to the international managers, and the international managers severally have agreed to purchase from us, the number of shares listed opposite its name below. <TABLE> <CAPTION> NUMBER OF SHARES INTERNATIONAL MANAGERS --------- <S> <C> Merrill Lynch International................................. 216,000 U.S. Bancorp Piper Jaffray Inc. ............................ 81,000 Wit SoundView Corporation................................... 81,000 SG Securities (HK) Limited.................................. 72,000 ------- Total.......................................... 450,000 ======= </TABLE> We have also entered into a U.S. purchase agreement with the U.S. underwriters for sale of the shares in the U.S. and Canada for whom Merrill Lynch, Pierce, Fenner & Smith Incorporated, U.S. Bancorp Piper Jaffray Inc., Wit SoundView Corporation and SG Cowen Securities Corporation are acting as U.S. representatives. Subject to the terms and conditions in the U.S. purchase agreement, and concurrently with the sale of 450,000 shares to the international managers pursuant to the international purchase agreement, we have agreed to sell to the U.S. underwriters, and the U.S. underwriters severally have agreed to purchase 4,050,000 shares from us. The initial public offering price per share and the total underwriting discount per share are identical under the international purchase agreement and the U.S. purchase agreement. The international managers and the U.S. underwriters have agreed to purchase all of the shares sold under the international and U.S. purchase agreements if any of these shares are purchased. If an underwriter defaults, the U.S. and international purchase agreements provide that the purchase commitments of the nondefaulting underwriters may be increased or the purchase agreements may be terminated. The closings for the sale of shares to be purchased by the international managers and the U.S. underwriters are conditioned on one another.>> freedgar.com 4-Bob