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Technology Stocks : DoubleClick Inc (DCLK) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (18)	2/20/1998 9:01:00 AM
From: STINKY	Read Replies (2) \| Respond to of 2902

Friday February 20, 8:32 am Eastern Time IPO PRICING - DoubleClick priced at $17 NEW YORK, Feb 20 (Reuters) - Shares of Internet advertiser DoubleClick Inc were priced at $17 for the Internet advertiser's red-hot initial public offering, according to lead underwriter Goldman Sachs & Co. The price comes well above initial expectations, with the company raising nearly double what it had expected when it first filed to launch a stock offering. DoubleClick first estimated it would sell 2.5 million shares at $12 to $14 each in a $30 million IPO. But as demand soared, the price range was hiked to $16 to $17 a share. The number of shares was also increased to 3.0 million. That would raise more than $50 million. Also, DCLK is working on PCQuote.