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To: waldo who wrote (3882)	12/24/1998 11:09:00 AM
From: waldo	Respond to of 37507

>>If past is prologue, then one prevailing theme unquestionably will carry over into next year, at least early on: Offerings by Internet companies will continue to proliferate. Of the 178 IPOs in the pipeline, 21 are Internet-related.<< >>What'll be hot McNamee believes there will be "two kinds of IPO deals" to watch for in 1999: online IPOs -- retail brokers now refer to all these stocks as "dot-com offerings" -- and, outside the Internet realm, IPOs that have been ready to go public for some time and have a proven track record as opposed to an open window of opportunity, said McNamee.<< cnnfn.com W

To: waldo who wrote (3882)	12/24/1998 11:13:00 AM
From: MURFI	Respond to of 37507

And that's with only the diehard trading........ Toronto stocks drop at start of trading Reuters, Thursday, December 24, 1998 at 10:42 TORONTO, Dec 24 (Reuters) - Toronto stocks opened lower in extremely light trading on Thursday as many traders were booked off for an extended Christmas holiday. The Toronto Stock Exchange's key 300 Composite Index was down 12.30 points, or 0.2 percent, to 6434.89. Volume was 5.9 million shares worth $61.6 million. Decliners outpaced advancers 255 to 176 with another 207 issues unchanged. New York was experiencing similar activity with the Dow Jones Industrial Average down 7.47 points, or 0.1 percent, to 9194.56. Trading was quiet in the North American markets as most of the market players took advantage of a shortened session to extend their holidays. The Toronto Stock Exchange closes at 1300 EST/1700 GMT. "There's not a whole lot happening. Only the diehards are trading today. Most of the institutional guys have taken the day off because of the half day of trading. I don't imagine you'll see too much activity," said Todd Kapala, an investment specialist at Priority Brokerage, in Toronto. In Toronto, 11 of the TSE 300's 14 subindexes opened in negative territory, led by a 0.7 percent dip in the paper and forest group and a 0.5 percent drop in the transportation sector. On the positive side, the merchandising group was up 0.25 percent and the gold and precious minerals group was up 0.1 percent. Among the leaders by volume was Ryan Energy Technologies Inc. (TSE:RYN), up C$0.10 to C$2.35 on volume of 1.5 million shares, and Bid.Com International (TSE:BII), which was up C$0.26 to C$3.88 on volume of 650,000 shares. ($1=$1.55 Canadian) toronto.newsroom@reuters.com)) Copyright 1998, Reuters News Service