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Technology Stocks : Opsware, Inc. (OPSW) -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (29)	3/4/2001 5:46:43 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 136

Groucho is right. I would either refuse the allocation or flip the shares. Unless the market does a 180 degree turn, my guess is that we will soon be able to pick up some LDCL shares up at their cash value. I may be mistaken but I think that their numbers (October 31, 2000) go "stale" if they do not get the offering done by March 14. They would have to refile with the year end numbers, which they probably would like to avoid, and redistribute the prospectus. news.cnet.com The week ahead: Loudcloud's IPO By Cecily Barnes Staff Writer, CNET News.com March 4, 2001, 6:00 a.m. PT Following are some of the notable tech-related events scheduled for the week of March 5 through March 9. Loudcloud, the Internet-infrastructure company started by Netscape pioneer Marc Andreessen, is scheduled to launch its IPO this week after several months of delay. The Sunnyvale, Calif.-based company is slated to price 20 million common shares Wednesday, March 7, at a range of $8 to $10. The company will look to raise approximately $180 million. Loudcloud approaches the public markets at an uncertain time for companies looking to go public. In addition to a general economic slowdown and repeated profit warnings from established companies, only 18 U.S. companies have launched IPOs this year, compared with 66 during the same time period last year, according to market research company CommScan. Given these conditions, analysts say the company should expect a tough debut. Still, Loudcloud carries the high-profile name of its founder, an asset that will undoubtedly soothe investor jitters.