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To: Les Paul who wrote (12204)	7/31/1998 9:10:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

RED-HOT INTERNET IPO?!... Used to be redundant, right? Well, this is one that didn't quite work. I mean it didn't fail, but, relatively speaking.... Cyberian Outpost (symbol COOL) an online retailer of computer hardware and software. This was a BT Alex. Brown deal, and everyone thought it was going to be another WHAMO job. It opened at $18 and was halted. First, everyone thought it was off to the moon, but it was up only around $2.50. Winfield Cap, which owned many shares of COOL, was as high as $13 today, then closed at $6. Winfield Cap, believe it or not, was at 50 cents earlier this year. Was the slow IPO just the deal? Or the fact that Net stocks are fading?