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To: Byron Xiao who wrote (4557)1/18/1999 9:19:00 PM
From: Tom Hua  Respond to of 27722
 
Byron, let's not prejudge how the IPO deal is structured until you see the S-1. How much capital will be raised, how the proceeds will be used, # of shares offered and at what price, # of shares outstanding after the offering, etc... There're a lot of unknowns at this point. To make a statement like you did about the offering is a bit premature, IMO.

Regards,

Tom