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

To: trilobyte who wrote (80)	3/31/1998 7:10:00 PM
From: Jeff Bomchill	Respond to of 141

Sentiment sure has changed on this stock since its IPO last summer. DLJ led the underwriting, which was supposed to be priced between $9 and $12. Fortunately, for shareholders participating in the IPO, the IPO was priced at $9 - we got the shares at the bottom of the range. Unfortunately for the company, this meant that an additional loan had to be taken to fund working capital and the payment to Marcam Solutions. Glad to see that volume and the price is picking up now. Sales and earnings have been increasing nicely over the past few years, although year-over-year EPS is basically flat because of additional shares issued involved with the IPO/Marcam spin-off. Hanging in there ... Jeff