Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Trey McAtee who wrote (57352)	11/13/1998 11:51:00 AM
From: Saulamanca	Read Replies (2) \| Respond to of 58727

Trey: If anybody has an internet IPO in the works they better get it to the market while it's hot: 10:15 ET theglobe.com (TGLO): According to CNBC, shares currently indicated to open around the $70 level, after pricing at $9 per share. This is a deal that no one wanted just a few weeks ago, even after Bear Stearns cut the offering range. Now, institutional investors all over it, as deal reportedly more than 20 times oversubscribed. Individual investors will get their first piece of the IPO at a level that will probably be more than 500% above the offering price. So far it hit a high of 97 this morning. --Jim