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To: GST who wrote (138894)2/8/2002 12:56:47 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
I bought feb 20 calls, remember?
>>just my 2 cents worth.<<
I'm not greedy.;)



To: GST who wrote (138894)2/8/2002 1:06:53 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Gst, I want to see how PayPal works out. I'm tempted, but I know I won't get the the thrill of the IPO 1999 B2B bubble.
Btw
PayPal looks like an Internet western union.
>>February 8, 2002

PayPal postpones offering 2nd day

Online payment provider PayPal Inc. for a second day postponed its initial public offering yesterday, giving the company more time to provide investors with its response to a patent infringement lawsuit. The Palo Alto-based company hoped to sell 5.4 million shares of its stock at $12 to $14 per share on Wednesday, but delayed the offering after receiving word of the civil lawsuit filed by CertCo Inc. PayPal's decision to hold off on the IPO again yesterday means the sale won't be completed until next week. PayPal's IPO is expected to test the stock market's appetite for Internet companies boasting tremendous growth but no profits. PayPal's e-mail payment service more than doubled during 2001 to 12.8 million account holders, but the company continued to lose money. Since its inception in March 1999, the company has lost $283 million.