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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: eric deaver who wrote (3400)	12/3/1998 12:16:00 AM
From: C. McD	Respond to of 5847

TMCS to IPO today (early), uBid to now IPO Friday, do to good IPO market!!! I spoke too soon, TMCS will now IPO today at an elevated offering price, and uBid will go Friday, instead of next week. They can't do these things fast enough. If only Anything Internet began trading this week: cbs.marketwatch.com So, today may be a BIG day for BANY. A good chance to see how it responds to a good TMCS IPO. If today goes well, uBid Friday will be better. Hopefully some of the folks getting out of TMCS will check out the BANY/AI connection. The market has gone so long without any IPOs, that they are coming on the street as soon as possible. C'mon AI, lets get this sucker trading, pronto. The weak hands may be crying come Friday. Everybody's looking to get in on internet IPO issues, here's the story from CBS MarketWatch (sorry I didn't catch this before my last post): Searching for the next winner Meanwhile, investment bank NationsBanc Montgomery Securities priced a 7 million-share offering from Ticketmaster Online/CitySearch a day early at a higher-than-expected $14 offering price. Ticketmaster Online/CitySearch, which runs a number of online community guides and sells tickets to entertainment events, had been expected to price Thursday night at $8 to $10 a share. The early debut and increased offering price suggest strong demand for the stock when it begins trading Thursday on Nasdaq under the ticker "TMCS." Ticketmaster Online and CitySearch merged earlier this fall, right before CitySearch was slated to go public in an offering also headed by NationsBanc Montgomery Securities. The impressive performance from San Jose, Calif.-based E-Tek (ETEK) should help Ticketmaster Online/CitySearch and give a boost to Barry Diller's USA Networks (USAI), which has a 40.5 million-share stake in the newly public company. Another Internet player, uBid, is expected to hit Wall Street in a Friday initial offering.