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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: mod who wrote (181)	1/28/1999 5:43:00 PM
From: kaydee	Read Replies (2) \| Respond to of 16809

================================================================== Wit Capital Corporation is pleased to announce that we are able to offer a participation in the Initial Public Offering of Corinthian Colleges, Inc., lead managed by Salomon Smith Barney, as described below: Issuer: Based on revenues, the Company is one of the largest private, for-profit post-secondary education companies in the United States, with more than 15,900 students as of November 30, 1998. The Company operates 35 colleges in 16 states, including nine in California and eight in Florida, and services the large and growing segment of the population seeking to acquire career-oriented education to become qualified and marketable in today's increasingly demanding workplace environment. Security: Common Stock Expected Size of Offering: 2,700,000 shares of Common Stock Expected Price Range: $16.00 to $18.00 Expected Symbol: COCO Managing Underwriters: Salomon Smith Barney, Credit Suisse First Boston and Piper Jaffray Inc. If you think you may be interested in this Initial Public Offering available through Wit Capital, please go to witcapital.com You may also obtain a prospectus by calling Wit Capital at (888) 494-8227 ext. 4427 or by writing Wit Capital at: 826 Broadway, 6th Floor, New York, NY 10003. ================================================================= PS : Not an interNUT stock

To: mod who wrote (181)	1/29/1999 11:00:00 PM
From: JIMMY LIU	Respond to of 16809

To Dennis M: (Mr. Robert Lessin paid $1.29 per share for VerticalNet, A prospectus in electronic format is being made available on an Internet Web site maintained by Wit Capital. In addition, pursuant to an e-Dealer Agreement, all dealers purchasing shares from Wit Capital in the offering (the ''e-Dealers'') similarly have agreed to make a prospectus in electronic format available on Web sites maintained by each of the e-Dealers. The information on such Web sites relating to the VerticalNet offering is filed as an exhibit to the registration statement. Reference is made to the exhibit for a more complete description of the information relating to the offering contained on such Web sites. Wit Capital, a member of the National Association of Securities Dealers, Inc., will participate in the offering as one of the underwriters and as the e-Manager. Mr. Robert Lessin, the Chairman, Chief Executive Officer and a substantial shareholder of Wit Capital, owns 154,861 shares of VerticalNet's Series C Preferred Stock, which will convert into 154,861 shares of common stock prior to consummation of the offering. Lehman Brothers Venture Capital Partners I, L.P., a wholly-owned subsidiary of Lehman Brothers Holdings Inc., owns 569,980 shares of VerticalNet's Series D Preferred Stock, which will convert into 569,980 shares of common stock prior to consummation of the offering. In connection with VerticalNet's private placement of Series D Preferred Stock in May and June 1998, Lehman Brothers received cash and 56,980 shares of common stock as a placement fee for acting as placement agent. Preferred Stock In September 1996 the Company sold 512,821 shares of Series A preferred stock (Series A) for $1,000,000. In July 1997 the Company sold 2,579,580 shares of Series B preferred stock (Series B) for $2,000,000. In October 1997 the Company sold 154,861 shares of Series C preferred stock (Series C) for $200,000. Mr. Robert Lessin, the chairman, chief executive officer: $200,000 /154,861 share = $1.2915 per share 154,861 share x IPO $9.00=$1,393,749 Dennis M: Have you ever bought private placement ? JimmyLiu

To: mod who wrote (181)	2/8/1999 5:06:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 16809

Mod: Since you seem to follow the developments at Wit Capital closely I thought I ask you couple a of questions about them. 1.How reliable are these folks? 2.What are the chances of getting in on an IPO? 3.How is there service? 4.How reliable is their online trading system and website? 5.Can one expect to get a reasonably good service from the firm without much hassle ? 6.Do they update one's accounts daily and on a timely fashion? and any other pertinent comments will be appreciated. After reading many of the messages here I see they have some problems with customer service and their computer systems etc. I ask because I was thinking to open an account and I thought I ask you before I did anything. PS:I will appreciate as many comments as possible from the thread if that is not too much of an imposition. All the best to you and fellow threadsters and thanks in advance for your help. Best. PS:I have visited their site and read the contents.