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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: DennisToo who wrote (12741)	11/3/1997 7:24:00 PM
From: Sonki	Respond to of 27012

d2, contact Paula Jones for mmcn ( don't let clinton catch u calling her...<G>) i usually don't go for ipo, but this way me a good one. d2, pe on it is only 1095 ....wow ! if u think it can grow at 1000% per year .. MSFT sounds so cheap compare to this. ------------------------------------------------------ SUNNYVALE, Calif.--(BUSINESS WIRE)--October 29, 1997--MMC Networks, Inc. (NASDAQ:MMCN), today announced that it commenced its initial public offering of 3.5 million shares of Common Stock at a price of $11.00 per share. All of the shares are being sold by the Company. The Company has granted the underwriters an option to purchase an additional 525,000 shares of its Common Stock to cover over-allotments, if any. The stock will trade on the Nasdaq National Market under the symbol "MMCN." The net proceeds from this offering are expected to be used for general corporate purposes, including working capital and capital expenditures. The managing underwriters for the offering are Morgan Stanley & Co. Incorporated, Deutsche Morgan Grenfell Inc. and Wessels, Arnold & Henderson, L.L.C. Copies of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. Incorporated, 1585 Broadway, 14th Floor, New York, N.Y. 10036. MMC Networks, Inc. is a leading developer and supplier of network processors - high performance, open-architecture, software programmable processors optimized for networking applications. CONTACT: MMC Networks, Inc. Paula Jones, 408/731-1605 pjones@mmcnet.com