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To: Janice Shell who wrote (1057)11/25/1997 6:07:00 PM
From: Tom C  Read Replies (1) | Respond to of 4295
 
Janice,
I found this in the clubhouse. What gives?

Tuesday November 25, 5:19 pm Eastern Time

Fly By Night Associates announcement/IPO pulled

(See NewsWire for Full text of press release)
Fly By Night Associates. - FBNA WITHDRAWS PUBLIC ISSUE
Sedona Arizona, Nov. 25 /CNW/ - Due to market uncertainty and volatility, Fly By Night Associates(FBNA) has announced today that it is withdrawing its initial public offering.
"We do not consider that the market conditions are not favorable for an initial public offering," said TEDennis, CEO of Fly By Night Associates.
Fly By Night Associates will continue however to keep track of market developments and explore other opportunities allowing it to maximize the value of its Y2K remediation technologies. "We remain very confident with regard to the quality and significant commercial potential of Fly By Night's products portfolio," added TEDennis.

Regards

Tom